Abercrombie & Fitch Receives "Buy" Rating from Brean Murray (ANF)
Abercrombie and Fitch (NYSE: ANF)'s stock had its "buy" rating reaffirmed by research analysts at Brean Murray in a report released on Wednesday. They currently have a $49.00 target price on the stock.
Shares of Abercrombie & Fitch traded down 0.41% during mid-day trading on Wednesday, hitting $50.69. Abercrombie UK has a 52 week low of $28.64 and a 52 week high of $54.10. The stock's 50-day moving average is currently $49.11. The company has a market cap of $4.033 billion and a P/E ratio of 39.40.
Several other analysts have also recently commented on the stock. Analysts at Janney Montgomery Scott reiterated a "buy" rating on shares of Abercrombie & Fitch in a research note to investors on Tuesday. They now have a $62.00 price target on the stock. Separately, analysts at BMO Capital Markets upgraded shares of Abercrombie Outlet from a "market perform" rating to an "outperform" rating in a research note to investors on Tuesday, January 29th. They now have a $61.00 price target on the stock, up previously from $44.00.
Fifteen investment analysts have rated the stock with a buy rating, one has given an overweight rating, and seventeen have given a hold rating to the stock. The company has a consensus rating of "overweight" and an average target price of $52.32.
Abercrombie & Fitch Co (A&F), through its subsidiaries, is a specialty retailer of casual apparel for men, women and kids.
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