Brean Murray Carret & Co. Reiterates Buy on Abercrombie & Fitch (ANF)

By admin | 6 years ago

Abercrombie & Fitch (NYSE: ANF)‘s stock had its “buy” rating reiterated by equities research analysts at Brean Murray Carret & Co. in a research note issued to investors on Monday.

Other equities research analysts have also recently issued reports about the stock. Analysts at Sterne Agee initiated coverage on shares of Abercrombie & Fitch in a research note to investors on Wednesday, May 2nd. They set a “neutral” rating and a $57.00 price target on the stock. Separately, analysts at UBS AG (NYSE: UBS) upgraded shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, May 1st. They now have a $66.00 price target on the stock, up previously from $51.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Abercrombie & Fitch in a research note to investors on Friday, April 20th. They now have a $51.00 price target on the stock.

Abercrombie & Fitch traded up 0.78% on Monday, hitting $46.2688. Abercrombie & Fitch has a 52-week low of $40.25 and a 52-week high of $78.25. The company has a market cap of $3.920 billion and a price-to-earnings ratio of 32.13.

Abercrombie & Fitch last posted its quarterly earnings results on Wednesday, February 15th. The company reported $1.12 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.15 by $0.03. Abercrombie & Fitch’s revenue was up 15.7% compared to the same quarter last year. Analysts expect that Abercrombie & Fitch will post $0.40 EPS next quarter.

Abercrombie & Fitch Co (A&F), through its subsidiaries, a specialty retailer that operates stores and direct-to-consumer operations selling casual sportswear apparel, including knit and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters, outerwear, personal care products, and accessories for men, women and kids under the Abercrombie & Fitch, abercrombie kids, and Hollister brands.

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