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Abercrombie & Fitch Co. (NYSE:ANF) was downgraded by equities research analysts at Jefferies Group from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday, TheFlyOnTheWall.com reports. They currently have a $30.00 price objective on the stock, down from their previous price objective of $45.00. Jefferies Group’s target price indicates a potential downside of 8.84% from the stock’s previous close.

ANF has been the subject of a number of other recent research reports. Analysts at Thomson Reuters/Verus downgraded shares of Abercrombie & Fitch Co. from a “buy” rating to a “sell” rating in a research note to investors on Monday, December 16th. Separately, analysts at Zacks reiterated an “underperform” rating on shares of Abercrombie & Fitch Co. in a research note to investors on Thursday, November 28th. They now have a $31.00 price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Abercrombie & Fitch Co. in a research note to investors on Friday, November 22nd. They now have a $37.00 price target on the stock, up previously from $35.00. Five investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and eleven have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $40.62.

Shares of Abercrombie & Fitch Co. (NYSE:ANF) traded down 2.70% during mid-day trading on Thursday, hitting $32.02. The stock had a trading volume of 3,729,815 shares. Abercrombie & Fitch Co. has a 1-year low of $31.14 and a 1-year high of $55.23. The stock has a 50-day moving average of $33.87 and a 200-day moving average of $39.84. The company has a market cap of $2.446 billion and a P/E ratio of 17.67. Abercrombie & Fitch Co. also saw unusually large options trading activity on Tuesday. Traders acquired 7,231 put options on the company. This represents an increase of 118% compared to the average daily volume of 3,310 put options.

Abercrombie & Fitch Co. (NYSE:ANF) last announced its earnings results on Thursday, November 21st. The company reported $0.52 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.45 by $0.07. The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the company posted $0.87 earnings per share. The company’s quarterly revenue was down 11.7% on a year-over-year basis. Analysts expect that Abercrombie & Fitch Co. will post $1.47 EPS for the current fiscal year.

Abercrombie & Fitch Co (NYSE:ANF), through its subsidiaries, is a specialty retailer of casual apparel for men, women and kids.

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