A statement released earlier today by Vetr Inc. about Abercrombie & Fitch Co. (NYSE:ANF) bumps the target price to $13.90
- Updated: December 1, 2016
Vetr Inc. bumped up the target of Abercrombie & Fitch Co. (NYSE:ANF) to $13.90 stating a potential downside of -0.03%.
Previously on 11/24/2016, Deutsche Bank reported on Abercrombie & Fitch Co. (NYSE:ANF) reduced the target price from $14.00 to $13.00. At the time, this indicated a possible downside of -0.16%.
Just yesterday Abercrombie & Fitch Co. (NYSE:ANF) traded -0.77% lower at $14.26. Abercrombie & Fitch Co.’s 50-day moving average is $15.28 and its 200-day moving average is $18.31. The last closing price is down -22.13% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 3,027,067 shares of ANF traded hands, down from an average trading volume of 3,305,060
Recent Performance Chart
Abercrombie & Fitch Co. has 52 week low of $14.00 and a 52 week high of $32.83 with a PE ratio of 75.85 and has a market capitalization of $0.
In addition to Vetr Inc. reporting its stock price target, a total of 26 brokers have issued a research note on the company. The average stock price target is $24.07 with 4 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 19 brokers rating the stock a hold, 6 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Abercrombie & Fitch Co. (NYSE:ANF)
Abercrombie & Fitch Co. (A&F) is a specialty retailer that operates stores and direct-to-consumer operations. Through these channels, the Company sells products, including casual sportswear apparel, including knit tops and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters and outerwear; personal care products, and accessories for men, women and kids under the Abercrombie & Fitch, abercrombie kids and Hollister brands. Its segments include Abercrombie, which includes the Company's Abercrombie & Fitch and abercrombie kids brands, and Hollister. A&F operates approximately 750 stores in the United States and over 180 stores outside of the United States. It operates Websites for each brand, both domestically and internationally. The Websites are available in over 10 languages, accepting over 30 currencies and shipping to over 120 countries. It sources merchandise through over 150 vendors located throughout the world, primarily in Asia and Central America.
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