Abercrombie & Fitch (NYSE:ANF – Get Rating) had its price objective lifted by Citigroup from $24.00 to $33.00 in a report published on Thursday morning, The Fly reports.
A number of other analysts have also weighed in on ANF. StockNews.com started coverage on Abercrombie & Fitch in a research note on Thursday, May 18th. They set a hold rating for the company. Morgan Stanley raised their price objective on Abercrombie & Fitch from $16.00 to $17.00 and gave the company an underweight rating in a research report on Thursday, March 2nd. Jefferies Financial Group lowered their price objective on Abercrombie & Fitch from $35.00 to $30.00 in a research report on Tuesday, May 9th. Telsey Advisory Group reissued an outperform rating and set a $33.00 price objective on shares of Abercrombie & Fitch in a research report on Wednesday, March 1st. Finally, UBS Group raised their price objective on Abercrombie & Fitch from $28.00 to $32.00 in a research report on Thursday. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of Hold and a consensus price target of $28.75.
Abercrombie & Fitch Stock Down 5.3 %
Shares of NYSE ANF opened at $28.56 on Thursday. Abercrombie & Fitch has a one year low of $14.02 and a one year high of $31.69. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.36 and a quick ratio of 0.80. The firm’s 50 day simple moving average is $24.89 and its two-hundred day simple moving average is $25.25. The stock has a market capitalization of $1.43 billion, a P/E ratio of 476.00 and a beta of 1.45.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Quadrant Capital Group LLC lifted its position in shares of Abercrombie & Fitch by 1,051.9% during the 4th quarter. Quadrant Capital Group LLC now owns 1,221 shares of the apparel retailer’s stock valued at $28,000 after buying an additional 1,115 shares in the last quarter. Quarry LP purchased a new position in Abercrombie & Fitch in the 1st quarter worth approximately $29,000. Advisory Services Network LLC lifted its holdings in Abercrombie & Fitch by 985.0% in the 1st quarter. Advisory Services Network LLC now owns 1,085 shares of the apparel retailer’s stock worth $30,000 after purchasing an additional 985 shares in the last quarter. Metropolitan Life Insurance Co. NY lifted its holdings in Abercrombie & Fitch by 19.9% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 3,078 shares of the apparel retailer’s stock worth $71,000 after purchasing an additional 511 shares in the last quarter. Finally, Metropolitan Life Insurance Co NY lifted its holdings in Abercrombie & Fitch by 19.9% in the 4th quarter. Metropolitan Life Insurance Co NY now owns 3,078 shares of the apparel retailer’s stock worth $71,000 after purchasing an additional 511 shares in the last quarter.
About Abercrombie & Fitch
Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. It offers apparel products, including knit tops, woven shirts, graphic t-shirts, fleece, sweaters, jeans, woven pants, shorts, outerwear, dresses, intimates and swimwear, and personal care products and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks brands.
- Get a free copy of the StockNews.com research report on Abercrombie & Fitch (ANF)
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