Brokerages Set Abercrombie & Fitch Company (NYSE:ANF) Target Price at $118.80

Shares of Abercrombie & Fitch Company (NYSE:ANF) have received a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are presently covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $118.80.

A number of equities analysts have commented on ANF shares. Morgan Stanley boosted their price target on shares of Abercrombie & Fitch from $78.00 to $95.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 26th. The Goldman Sachs Group initiated coverage on shares of Abercrombie & Fitch in a research note on Thursday, December 11th. They issued a “buy” rating and a $120.00 target price for the company. Wall Street Zen downgraded Abercrombie & Fitch from a “buy” rating to a “hold” rating in a report on Sunday, March 8th. Barclays decreased their price target on Abercrombie & Fitch from $115.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 5th. Finally, JPMorgan Chase & Co. raised their price target on Abercrombie & Fitch from $102.00 to $114.00 and gave the company a “neutral” rating in a report on Thursday, March 5th.

Insider Activity at Abercrombie & Fitch

In other news, CEO Fran Horowitz sold 29,769 shares of the firm’s 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 directly owned 308,503 shares in the company, valued at approximately $30,850,300. This trade represents a 8.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders sold a total of 350,000 shares of company stock worth $34,661,358 in the last quarter. 2.29% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Abercrombie & Fitch

A number of hedge funds have recently added to or reduced their stakes in ANF. Corient Private Wealth LLC increased its position in Abercrombie & Fitch by 34.8% in the 4th quarter. Corient Private Wealth LLC now owns 4,164 shares of the apparel retailer’s stock valued at $524,000 after acquiring an additional 1,074 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Abercrombie & Fitch during the fourth quarter worth approximately $56,000. Mercer Global Advisors Inc. ADV grew its stake in shares of Abercrombie & Fitch by 21.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 18,109 shares of the apparel retailer’s stock valued at $2,279,000 after purchasing an additional 3,158 shares during the last quarter. Caitlin John LLC bought a new stake in shares of Abercrombie & Fitch during the fourth quarter valued at approximately $542,000. Finally, Vident Advisory LLC increased its holdings in shares of Abercrombie & Fitch by 8.9% in the fourth quarter. Vident Advisory LLC now owns 44,234 shares of the apparel retailer’s stock valued at $5,568,000 after purchasing an additional 3,623 shares in the last quarter.

Abercrombie & Fitch Price Performance

Abercrombie & Fitch stock opened at $86.06 on Monday. The firm has a market capitalization of $3.95 billion, a P/E ratio of 8.16 and a beta of 1.17. The stock has a fifty day moving average price of $96.51 and a two-hundred day moving average price of $92.70. Abercrombie & Fitch has a 52-week low of $65.40 and a 52-week high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last issued its earnings results on Wednesday, March 4th. The apparel retailer reported $3.68 EPS for the quarter, beating the consensus estimate of $3.56 by $0.12. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. The company had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the previous year, the company earned $3.57 EPS. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year. 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. On average, equities research analysts predict that Abercrombie & Fitch will post 10.62 EPS for the current fiscal year.

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.