Telsey Advisory Group Increases Abercrombie & Fitch (NYSE:ANF) Price Target to $165.00

Abercrombie & Fitch (NYSE:ANFGet Free Report) had its price target boosted by stock analysts at Telsey Advisory Group from $118.00 to $165.00 in a research note issued on Thursday. The brokerage currently has an “outperform” rating on the apparel retailer’s stock. Telsey Advisory Group’s target price indicates a potential upside of 11.16% from the company’s previous close.

Other research analysts have also recently issued reports about the company. Needham & Company LLC upped their price objective on Abercrombie & Fitch from $108.00 to $165.00 and gave the stock a “buy” rating in a research report on Wednesday. Weiss Ratings raised Abercrombie & Fitch from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 14th. The Goldman Sachs Group restated a “buy” rating and issued a $124.00 target price on shares of Abercrombie & Fitch in a research note on Wednesday, August 12th. UBS Group reaffirmed a “buy” rating and set a $153.00 price target (up from $136.00) on shares of Abercrombie & Fitch in a research report on Wednesday, August 12th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $87.00 price target on shares of Abercrombie & Fitch in a research note on Monday, July 6th. Six analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $143.00.

Check Out Our Latest Analysis on ANF

Abercrombie & Fitch Stock Performance

Shares of ANF stock opened at $148.44 on Thursday. The company has a market capitalization of $6.60 billion, a P/E ratio of 14.25 and a beta of 0.90. The company’s 50 day moving average price is $99.62 and its two-hundred day moving average price is $91.60. Abercrombie & Fitch has a 52 week low of $65.45 and a 52 week high of $154.58.

Abercrombie & Fitch (NYSE:ANFGet Free Report) last issued its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, topping analysts’ consensus estimates of $1.99 by $2.18. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.25 billion. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the business posted $2.91 earnings per share. Abercrombie & Fitch has set its Q3 2026 guidance at 2.900-3.200 EPS and its FY 2026 guidance at 13.100-13.600 EPS. Analysts forecast that Abercrombie & Fitch will post 10.65 earnings per share for the current year.

Insider Activity

In related news, COO Scott D. Lipesky sold 10,000 shares of the company’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $115.00, for a total transaction of $1,150,000.00. Following the sale, the chief operating officer owned 152,534 shares in the company, valued at approximately $17,541,410. This represents a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold a total of 30,000 shares of company stock valued at $3,300,000 over the last 90 days. 2.33% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Abercrombie & Fitch

A number of institutional investors and hedge funds have recently made changes to their positions in ANF. Timbuktu Capital Management LLC acquired a new stake in Abercrombie & Fitch in the second quarter valued at $29,000. NewEdge Advisors LLC lifted its stake in Abercrombie & Fitch by 181.6% in the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock valued at $29,000 after purchasing an additional 227 shares during the last quarter. Transamerica Financial Advisors LLC grew its holdings in Abercrombie & Fitch by 322.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock worth $31,000 after purchasing an additional 190 shares during the period. Larson Financial Group LLC grew its holdings in Abercrombie & Fitch by 120.3% during the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock worth $34,000 after purchasing an additional 148 shares during the period. Finally, Nomura Asset Management Co. Ltd. increased its position in Abercrombie & Fitch by 94.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock worth $44,000 after buying an additional 170 shares during the last quarter.

Key Stories Impacting Abercrombie & Fitch

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About Abercrombie & Fitch

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Abercrombie & Fitch (NYSE:ANF)

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