Abercrombie & Fitch (NYSE:ANF) Given New $107.00 Price Target at JPMorgan Chase & Co.

Abercrombie & Fitch (NYSE:ANF) had its target price lowered by JPMorgan Chase & Co. from $110.00 to $107.00 in a report published on Monday,Benzinga reports. The firm currently has a neutral rating on the apparel retailer’s stock.

A number of other brokerages have also recently issued reports on ANF. Telsey Advisory Group reissued an “outperform” rating and issued a $125.00 target price on shares of Abercrombie & Fitch in a report on Wednesday, March 4th. Barclays dropped their price target on shares of Abercrombie & Fitch from $115.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 5th. Jefferies Financial Group lowered their price objective on shares of Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating on the stock in a research note on Wednesday, March 4th. Wall Street Zen lowered shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research note on Sunday, March 8th. Finally, UBS Group lowered their price objective on shares of Abercrombie & Fitch from $160.00 to $149.00 and set a “buy” rating on the stock in a research note on Monday, February 23rd. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $117.18.

Abercrombie & Fitch Trading Up 2.2%

Shares of NYSE ANF opened at $72.13 on Monday. Abercrombie & Fitch has a 12-month low of $65.45 and a 12-month high of $133.11. The company has a market cap of $3.23 billion, a P/E ratio of 6.84 and a beta of 0.97. The stock has a fifty day moving average price of $87.18 and a 200 day moving average price of $94.23.

Abercrombie & Fitch (NYSE:ANF) last announced its earnings results on Wednesday, March 4th. The apparel retailer reported $3.68 earnings per share for the quarter, beating the consensus estimate of $3.56 by $0.12. Abercrombie & Fitch had a return on equity of 36.36% and a net margin of 9.63%.The company had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.67 billion. During the same period last year, the firm earned $3.57 earnings per share. The company’s revenue was up 5.4% on a year-over-year basis. Abercrombie & Fitch has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 10.200-11.000 EPS. On average, sell-side analysts forecast that Abercrombie & Fitch will post 10.68 EPS for the current fiscal year.

Institutional Investors Weigh In On Abercrombie & Fitch

A number of institutional investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Abercrombie & Fitch by 3.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,517 shares of the apparel retailer’s stock worth $2,254,000 after purchasing an additional 892 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Abercrombie & Fitch by 521.1% during the 1st quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer’s stock worth $76,000 after purchasing an additional 839 shares during the period. United Services Automobile Association bought a new position in shares of Abercrombie & Fitch during the 1st quarter worth about $261,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Abercrombie & Fitch by 8.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 127,389 shares of the apparel retailer’s stock worth $9,729,000 after purchasing an additional 10,459 shares during the period. Finally, Sivia Capital Partners LLC bought a new position in shares of Abercrombie & Fitch during the 2nd quarter worth about $348,000.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co (NYSE: ANF) is an American specialty retailer that designs, markets and sells casual apparel and accessories for men, women and children. Founded in 1892 by David T. Abercrombie and Ezra Fitch, the company evolved from an outdoor gear outfitter to a global lifestyle brand renowned for its relaxed, preppy aesthetic. Its product assortment includes tops, bottoms, outerwear, intimates, swimwear, fragrances and personal care items.

The company operates under multiple brand names, including Abercrombie & Fitch, Abercrombie Kids, Hollister and Gilly Hicks, each targeting distinct consumer segments from teens to young adults.