Jefferies Financial Group Cuts Abercrombie & Fitch (NYSE:ANF) Price Target to $130.00

Abercrombie & Fitch (NYSE:ANF) had its price objective reduced by Jefferies Financial Group from $135.00 to $130.00 in a report issued on Wednesday,Benzinga reports. They currently have a buy rating on the apparel retailer’s stock.

A number of other analysts have also recently commented on the company. Zacks Research raised Abercrombie & Fitch from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 25th. Morgan Stanley boosted their target price on Abercrombie & Fitch from $78.00 to $95.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 26th. Wall Street Zen raised Abercrombie & Fitch from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Barclays lifted their price target on Abercrombie & Fitch from $94.00 to $115.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 6th. Finally, The Goldman Sachs Group started coverage on shares of Abercrombie & Fitch in a research note on Thursday, December 11th. They issued a “buy” rating and a $120.00 price target on the stock. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Abercrombie & Fitch presently has an average rating of “Moderate Buy” and an average price target of $118.80.

Abercrombie & Fitch Trading Down 4.1%

NYSE:ANF opened at $84.75 on Wednesday. The company has a 50-day moving average price of $103.09 and a 200-day moving average price of $93.28. The stock has a market cap of $3.89 billion, a price-to-earnings ratio of 8.04 and a beta of 1.17. Abercrombie & Fitch has a 12 month low of $65.40 and a 12 month high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings data on Wednesday, March 4th. The apparel retailer reported $3.68 EPS for the quarter, topping the consensus estimate of $3.56 by $0.12. The business had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.67 billion. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. Abercrombie & Fitch’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same period last year, the business posted $3.57 earnings per share. Abercrombie & Fitch has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 10.200-11.000 EPS. Equities analysts forecast that Abercrombie & Fitch will post 10.62 EPS for the current fiscal year.

Insider Activity at Abercrombie & Fitch

In other Abercrombie & Fitch news, CEO Fran Horowitz sold 29,769 shares of Abercrombie & Fitch stock in a transaction on Friday, February 6th. The stock was sold at an average price of $100.00, for a total value of $2,976,900.00. Following the completion of the sale, the chief executive officer owned 308,503 shares of the company’s stock, valued at approximately $30,850,300. This trade represents a 8.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last three months, insiders sold 350,000 shares of company stock valued at $34,661,358. 2.29% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Abercrombie & Fitch

Several institutional investors have recently modified their holdings of ANF. SG Americas Securities LLC boosted its holdings in shares of Abercrombie & Fitch by 486.9% during the 2nd quarter. SG Americas Securities LLC now owns 12,923 shares of the apparel retailer’s stock valued at $1,071,000 after acquiring an additional 10,721 shares during the last quarter. AE Wealth Management LLC purchased a new position in shares of Abercrombie & Fitch during the third quarter valued at approximately $4,227,000. Retirement Systems of Alabama lifted its position in Abercrombie & Fitch by 9.0% during the third quarter. Retirement Systems of Alabama now owns 157,175 shares of the apparel retailer’s stock valued at $13,446,000 after purchasing an additional 12,942 shares during the period. Timelo Investment Management Inc. bought a new position in Abercrombie & Fitch during the second quarter valued at approximately $1,077,000. Finally, Valeo Financial Advisors LLC boosted its holdings in Abercrombie & Fitch by 10,469.4% in the second quarter. Valeo Financial Advisors LLC now owns 993,101 shares of the apparel retailer’s stock worth $82,278,000 after purchasing an additional 983,705 shares during the last quarter.

About Abercrombie & Fitch

Abercrombie & Fitch Co (NYSE: ANF) is an American specialty retailer that designs, markets and sells casual apparel and accessories for men, women and children. Founded in 1892 by David T. Abercrombie and Ezra Fitch, the company evolved from an outdoor gear outfitter to a global lifestyle brand renowned for its relaxed, preppy aesthetic. Its product assortment includes tops, bottoms, outerwear, intimates, swimwear, fragrances and personal care items.

The company operates under multiple brand names, including Abercrombie & Fitch, Abercrombie Kids, Hollister and Gilly Hicks, each targeting distinct consumer segments from teens to young adults.