Abercrombie & Fitch Co. (NYSE:ANF) had its price objective cut by BMO Capital Markets from $61.00 to $47.00 in a research report released on Friday morning, AR Network reports. BMO Capital Markets currently has an outperform rating on the stock.
Abercrombie & Fitch Co. (NYSE:ANF) opened at 37.78 on Friday. Abercrombie & Fitch Co. has a 52-week low of $30.06 and a 52-week high of $55.23. The stock’s 50-day moving average is $48.80 and its 200-day moving average is $48.79. The company has a market cap of $2.923 billion and a price-to-earnings ratio of 12.52.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 17th. Investors of record on Tuesday, September 3rd will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date of this dividend is Thursday, August 29th.
A number of other firms have also recently commented on ANF. Analysts at Barclays Capital cut their price target on shares of Abercrombie & Fitch Co. from $44.00 to $36.00 in a research note to investors on Friday. They now have an underweight rating on the stock. Separately, analysts at UBS AG cut their price target on shares of Abercrombie & Fitch Co. from $49.00 to $40.00 in a research note to investors on Friday. They now have a neutral rating on the stock. Finally, analysts at Susquehanna set a $50.00 price target on shares of Abercrombie & Fitch Co. in a research note to investors on Friday. They now have a positive rating on the stock.
One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eighteen have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus target price of $51.07.
Abercrombie & Fitch Co (NYSE:ANF), through its subsidiaries, is a specialty retailer of casual apparel for men, women and kids.
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