SunTrust assumed coverage on shares of Abercrombie & Fitch Co. (NYSE:ANF) in a report issued on Friday, TheFlyOnTheWall.com reports. The firm issued a neutral rating and a $55.00 target price on the stock.
SunTrust has also taken action a number of other consumer discretionary stocks recently. The firm initiated coverage on shares of Citi Trends Inc.. They issued a neutral rating on that stock and set a $17.00 price target. Also, SunTrust initiated coverage on shares of Express Inc.. They issued a neutral rating on that stock. Finally, SunTrust initiated coverage on shares of Ross Stores Inc.. They issued a buy rating on that stock and set a $78.00 price target.
Shares of Abercrombie & Fitch Co. (NYSE: ANF) traded down 0.14% during mid-day trading on Friday, hitting $49.71. Abercrombie & Fitch Co. has a one year low of $28.64 and a one year high of $55.23. The stock’s 50-day moving average is currently $48.71. The company has a market cap of $3.895 billion and a P/E ratio of 16.18.
Other equities research analysts have also recently issued reports about the stock. Analysts at Standpoint Research upgraded shares of Abercrombie & Fitch Co. from a hold rating to a buy rating in a research note to investors on Friday, July 5th. Separately, analysts at Jefferies Group reiterated a buy rating on shares of Abercrombie & Fitch Co. in a research note to investors on Friday, July 5th. They now have a $60.00 price target on the stock. Finally, analysts at Topeka Capital Markets reiterated a hold rating on shares of Abercrombie & Fitch Co. in a research note to investors on Monday, June 24th. They now have a $50.00 price target on the stock.
One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and twenty have assigned a buy rating to the company. The company has an average rating of Buy and a consensus price target of $55.13.
Abercrombie & Fitch Co (NYSE: ANF), through its subsidiaries, is a specialty retailer of casual apparel for men, women and kids.
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