JPMorgan Chase & Co. Lowers Abercrombie & Fitch (NYSE:ANF) Price Target to $110.00

Abercrombie & Fitch (NYSE:ANF) had its target price decreased by investment analysts at JPMorgan Chase & Co. from $114.00 to $110.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the apparel retailer’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 13.62% from the company’s current price.

A number of other research firms have also recently commented on ANF. Barclays decreased their target price on shares of Abercrombie & Fitch from $115.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 5th. UBS Group decreased their target price on shares of Abercrombie & Fitch from $160.00 to $149.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. Citigroup raised shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and upped their target price for the company from $90.00 to $135.00 in a research report on Wednesday, January 21st. Jefferies Financial Group decreased their target price on shares of Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating on the stock in a research report on Wednesday, March 4th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and issued a $125.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday, March 4th. Eight analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $117.45.

Abercrombie & Fitch Stock Performance

Shares of ANF stock traded down $0.47 on Tuesday, hitting $96.81. 435,166 shares of the stock traded hands, compared to its average volume of 1,510,642. The firm’s 50-day moving average price is $92.28 and its two-hundred day moving average price is $93.23. The stock has a market capitalization of $4.35 billion, a PE ratio of 9.20 and a beta of 1.13. Abercrombie & Fitch has a twelve month low of $65.45 and a twelve month high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly 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 net margin of 9.63% and a return on equity of 36.36%. The firm had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same quarter in the previous year, the company posted $3.57 EPS. The company’s revenue was up 5.4% compared to the same quarter last year. 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, equities research analysts anticipate that Abercrombie & Fitch will post 10.71 EPS for the current fiscal year.

Insider Activity

In other news, CEO Fran Horowitz sold 29,769 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $100.00, for a total transaction of $2,976,900.00. Following the sale, the chief executive officer owned 308,503 shares of the company’s stock, valued at approximately $30,850,300. This represents a 8.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 350,000 shares of company stock worth $34,661,358 over the last 90 days. 2.29% of the stock is currently owned by corporate insiders.

Institutional Trading of Abercrombie & Fitch

Several hedge funds have recently made changes to their positions in the business. Louisiana State Employees Retirement System acquired a new stake in shares of Abercrombie & Fitch during the first quarter worth about $1,215,000. OP Asset Management Ltd purchased a new stake in shares of Abercrombie & Fitch during the first quarter worth approximately $1,152,000. SG Americas Securities LLC increased its stake in shares of Abercrombie & Fitch by 45.6% during the first quarter. SG Americas Securities LLC now owns 43,236 shares of the apparel retailer’s stock worth $3,950,000 after buying an additional 13,544 shares during the period. Evolve Private Wealth LLC increased its stake in shares of Abercrombie & Fitch by 15.0% during the first quarter. Evolve Private Wealth LLC now owns 3,748 shares of the apparel retailer’s stock worth $342,000 after buying an additional 488 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of Abercrombie & Fitch by 570.6% during the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 104,936 shares of the apparel retailer’s stock worth $9,588,000 after buying an additional 89,287 shares during the period.

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.