Price Target Update on Abercrombie & Fitch Company (NYSE:ANF)

Abercrombie & Fitch Company (NYSE:ANF) : Average target price received by Abercrombie & Fitch Company (NYSE:ANF) is $25.13 with an expected standard deviation of $7.11. The most aggressive target on the stock is $45, whereas the most downbeat target is $17. 15 financial analysts are currently covering the stock.

Other Equity analysts have also commented on the company shares. Brokerage firm Deutsche Bank upgrades its rating on Abercrombie & Fitch Company (NYSE:ANF). The shares have been rated Hold. Previously, the analysts had a Sell rating on the shares. The rating by the firm was issued on June 15, 2016.

Abercrombie & Fitch Company (NYSE:ANF): stock turned positive on Thursday. Though the stock opened at $19.1, the bulls momentum made the stock top out at $19.44 level for the day. The stock recorded a low of $19.09 and closed the trading day at $19.33, in the green by 1.74%. The total traded volume for the day was 3,327,180. The stock had closed at $19 in the previous days trading.

The company shares have dropped -18.80% from its 1 Year high price. On Mar 7, 2016, the shares registered one year high at $32.83 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $21.66 and the 200 Day Moving Average price is recorded at $26.35. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Chang Diane, officer (EVP of Sourcing) of Abercrombie & Fitch Co /De/, had unloaded 7,600 shares at an average price of $32.05 in a transaction dated on March 18, 2016. The total value of the transaction was worth $243,580.

Abercrombie & Fitch Co. (A&F) is a retailer that operates stores and direct-to-consumer operations. The Company operates through three business segments: U.S. Stores, International Stores and Direct-to-Consumer. The U.S. Stores segment includes store operations in the United States and Puerto Rico. The International Stores segment includes store operations in Canada, Europe, Asia, Australia and the Middle East. The Direct-to-Consumer segment includes operations directly associated with on-line operations, both United States and international. A&F sells products, including casual sportswear apparel, including knit 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. It also sells bras, underwear, personal care products, sleepwear and at-home products for girls through Hollister under the Gilly Hicks brand.

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