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Analysts at Stephens started coverage on shares of Abercrombie & Fitch Co. (NYSE:ANF) in a research report issued to clients and investors on Friday, TheFlyOnTheWall.com reports. The firm set an “overweight” rating on the stock.

Shares of Abercrombie & Fitch Co. (NYSE:ANF) opened at 42.75 on Friday. Abercrombie & Fitch Co. has a 52-week low of $31.14 and a 52-week high of $52.38. The stock has a 50-day moving average of $38.67 and a 200-day moving average of $36.69. The company has a market cap of $3.111 billion and a price-to-earnings ratio of 88.20.

Abercrombie & Fitch Co. (NYSE:ANF) last posted its quarterly earnings results on Thursday, May 29th. The company reported ($0.17) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.19) by $0.02. The company had revenue of $822.00 million for the quarter, compared to the consensus estimate of $797.86 million. During the same quarter in the previous year, the company posted ($0.09) earnings per share. The company’s revenue for the quarter was down 2.0% on a year-over-year basis. Analysts expect that Abercrombie & Fitch Co. will post $2.36 EPS for the current fiscal year.

A number of other analysts have also recently weighed in on ANF. Analysts at FBR Capital Markets raised their price target on shares of Abercrombie & Fitch Co. from $43.00 to $49.00 in a research note on Thursday. They now have an “outperform” rating on the stock. Separately, analysts at Topeka Capital Markets reiterated a “hold” rating on shares of Abercrombie & Fitch Co. in a research note on Tuesday, June 10th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have given a buy rating to the company’s stock. Abercrombie & Fitch Co. presently has a consensus rating of “Hold” and a consensus price target of $43.61.

Abercrombie & Fitch Co (NYSE:ANF), through its subsidiaries, is a specialty retailer that operates stores and direct-to-consumer operations.

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