The Abercrombie & Fitch Company (ANF) Receives Buy Rating from Mizuho

Abercrombie & Fitch

Abercrombie & Fitch

(NYSE:ANF). Gam Ag reported 0% in Abercrombie & Fitch Co. Ten investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and six have given a buy rating to the stock. September 22 investment analysts at Robert W. Baird kept the company rating at "Neutral" projecting a price of $15.00.

What Analyst Suggest For Abercrombie & Fitch Co.

Taking a glance at where the stock might be directed in the future, on a consensus basis, the sell-side has a 52 week price target of $11.31 on the stock, this valuation is based on 13 number of opinions. The company's Relative Strength Index which shows price strength now stands at 46.4.

Abercrombie & Fitch Co. most recently reported earnings per share (EPS) of -$0.16 for the July 2017 versus -$0.25 in the same quarter a year ago, representing -36% growth. About 39,003 shares traded or 24.89% up from the average. As per Wednesday, August 31, the company rating was maintained by FBR Capital. The company's distance from 52-week high price is -26.13% and while current price is 42.45% from 52-week low price. The firm has fifty days moving average percentage of -7.27% to its latest price change.

According to Abercrombie & Fitch Co.'s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 99.81%. The apparel retailer reported $0.71 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.75 by $0.04.

Looking into the profitability ratios of ANF stock, investor will find its ROE, ROA, ROI standing at -1.7%, -0.9% and 1.8%, respectively. The Rhumbline Advisers holds 105,943 shares with $10.99 million value, down from 110,933 last quarter. The firm has "Outperform" rating given on Thursday, January 7 by Wolfe Research. Zacks Investment Research cut shares of Abercrombie & Fitch from a "hold" rating to a "sell" rating in a research note on Tuesday, August 8th. The ex-dividend date of this dividend is Thursday, November 30th. The Company operates through two segments: Abercrombie, which includes the Company's Abercrombie & Fitch and abercrombie kids brands, and Hollister, which includes the Company's Hollister and Gilly Hicks brands.

Several large investors have recently modified their holdings of the company. Abercrombie & Fitch Co. has $50 highest and $900 lowest target. Invictus RG boosted its stake in shares of Abercrombie & Fitch Company by 110.4% in the second quarter. Metropolitan Life Insurance Co.

As of quarter end Investec Asset Management Ltd had disposed of 6,628 shares trimming its position 1.9%. Geode Capital Management, LLC owns 560,699 shares with a value of $8,096,000. Legal And General Plc invested in 0% or 233,029 shares. (NYSE:CAT). Boltwood Capital Management stated it has 9,574 shares or 0.7% of all its holdings. Finally, Stifel Financial Corp boosted its stake in shares of Abercrombie & Fitch Company by 53.6% in the second quarter. Traditionally, RSI readings greater than the 70 level are considered to be in overbought territory, and RSI readings lower than the 30 level are considered to be in oversold territory.

Analysts await Abercrombie & Fitch Co. Through these channels, the Company sells products, including casual sportswear apparel, including knit tops and woven shirts, graphic t-shirts, fleece, jeans and woven trousers, shorts, sweaters and outerwear; personal care products, and accessories for men, women and kids under the Abercrombie & Fitch, abercrombie kids and Hollister brands.

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