Abercrombie & Fitch Co. (NYSE:ANF)’s share price was up 4.1% during mid-day trading on Monday . The stock traded as high as $20.17 and last traded at $19.96, with a volume of 1,634,812 shares changing hands. The stock had previously closed at $19.18.

Several equities analysts have issued reports on ANF shares. Zacks Investment Research cut shares of Abercrombie & Fitch Co. from a “buy” rating to a “hold” rating in a research note on Friday, April 1st. Jefferies Group reaffirmed a “franchise pick list” rating on shares of Abercrombie & Fitch Co. in a research note on Wednesday, March 23rd. Morgan Stanley lowered their price target on shares of Abercrombie & Fitch Co. from $19.00 to $17.00 and set an “underweight” rating on the stock in a research note on Friday, May 27th. Credit Suisse Group AG lowered their price target on shares of Abercrombie & Fitch Co. from $19.00 to $18.00 and set an “underperform” rating on the stock in a research note on Friday, May 27th. Finally, Citigroup Inc. lowered their price target on shares of Abercrombie & Fitch Co. from $26.00 to $23.00 and set a “neutral” rating on the stock in a research note on Friday, May 27th. Three research analysts have rated the stock with a sell rating, twenty have given a hold rating and eight have given a buy rating to the stock. Abercrombie & Fitch Co. has a consensus rating of “Hold” and an average target price of $24.04.

The company has a market capitalization of $1.34 billion and a price-to-earnings ratio of 23.25. The firm has a 50 day moving average price of $18.76 and a 200-day moving average price of $25.42.

Abercrombie & Fitch Co. (NYSE:ANF) last announced its quarterly earnings results on Thursday, May 26th. The apparel retailer reported ($0.59) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.51) by $0.08. During the same period last year, the company posted ($0.53) EPS. The firm earned $685.50 million during the quarter, compared to analyst estimates of $709.48 million. Abercrombie & Fitch Co.’s revenue was down 3.3% compared to the same quarter last year. On average, analysts expect that Abercrombie & Fitch Co. will post $0.83 EPS for the current fiscal year.

Several large investors have recently made changes to their positions in ANF. Morgan Stanley raised its stake in shares of Abercrombie & Fitch Co. by 480.4% in the fourth quarter. Morgan Stanley now owns 671,466 shares of the apparel retailer’s stock valued at $18,130,000 after buying an additional 555,777 shares in the last quarter. Systematic Financial Management LP raised its stake in shares of Abercrombie & Fitch Co. by 36.9% in the fourth quarter. Systematic Financial Management LP now owns 765,335 shares of the apparel retailer’s stock valued at $20,664,000 after buying an additional 206,327 shares in the last quarter. Paradice Investment Management LLC raised its stake in shares of Abercrombie & Fitch Co. by 30.0% in the fourth quarter. Paradice Investment Management LLC now owns 891,230 shares of the apparel retailer’s stock valued at $24,063,000 after buying an additional 205,898 shares in the last quarter. Trexquant Investment LP purchased a new stake in shares of Abercrombie & Fitch Co. during the fourth quarter valued at about $4,992,000. Finally, Victory Capital Management Inc. raised its stake in shares of Abercrombie & Fitch Co. by 15.8% in the fourth quarter. Victory Capital Management Inc. now owns 1,316,407 shares of the apparel retailer’s stock valued at $35,543,000 after buying an additional 179,585 shares in the last quarter.

Abercrombie & Fitch Co (A&F) is a specialty retailer that operates stores and direct-to-consumer operations. Through these channels, the Company sells products, including casual sportswear apparel, including knit tops and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters and outerwear; personal care products, and accessories for men, women and kids under the Abercrombie & Fitch, abercrombie kids and Hollister brands.

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