Abercrombie & Fitch Co. (NYSE:ANF) traded up 4% during mid-day trading on Thursday . The stock traded as high as $21.81 and last traded at $21.54, with a volume of 1,223,678 shares changing hands. The stock had previously closed at $20.71.

Several equities research analysts have issued reports on the company. Vetr downgraded Abercrombie & Fitch Co. from a “hold” rating to a “sell” rating and set a $20.70 price target for the company. in a report on Friday. Wunderlich reaffirmed a “hold” rating and set a $21.00 price target on shares of Abercrombie & Fitch Co. in a report on Monday, May 23rd. Royal Bank Of Canada cut their price target on Abercrombie & Fitch Co. from $35.00 to $23.00 and set a “sector perform” rating for the company in a report on Thursday, June 2nd. Telsey Advisory Group cut their price target on Abercrombie & Fitch Co. from $34.00 to $24.00 and set a “market perform” rating for the company in a report on Friday, May 27th. Finally, Goldman Sachs Group Inc. reaffirmed a “sell” rating on shares of Abercrombie & Fitch Co. in a report on Monday, May 16th. Four analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Abercrombie & Fitch Co. has an average rating of “Hold” and an average target price of $24.10.

The company’s 50 day moving average is $19.50 and its 200-day moving average is $24.63. The stock has a market capitalization of $1.45 billion and a PE ratio of 25.22.

Abercrombie & Fitch Co. (NYSE:ANF) last announced its quarterly earnings data on Thursday, May 26th. The apparel retailer reported ($0.59) EPS for the quarter, missing the consensus estimate of ($0.51) by $0.08. During the same quarter in the previous year, the business earned ($0.53) EPS. The firm earned $685.50 million during the quarter, compared to analysts’ expectations of $709.48 million. The company’s revenue was down 3.3% on a year-over-year basis. Analysts expect that Abercrombie & Fitch Co. will post $0.81 EPS for the current year.

A number of institutional investors recently bought and sold shares of ANF. Schroder Investment Management Group raised its position in Abercrombie & Fitch Co. by 12.4% in the fourth quarter. Schroder Investment Management Group now owns 119,285 shares of the apparel retailer’s stock valued at $3,221,000 after buying an additional 13,145 shares during the last quarter. New York State Common Retirement Fund raised its position in Abercrombie & Fitch Co. by 211.9% in the fourth quarter. New York State Common Retirement Fund now owns 198,040 shares of the apparel retailer’s stock valued at $5,347,000 after buying an additional 134,540 shares during the last quarter. Liberty Mutual Group Asset Management Inc. raised its position in Abercrombie & Fitch Co. by 51.6% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 44,843 shares of the apparel retailer’s stock valued at $1,212,000 after buying an additional 15,268 shares during the last quarter. Trexquant Investment LP bought a new position in Abercrombie & Fitch Co. during the fourth quarter valued at about $4,992,000. Finally, Morgan Stanley raised its position in 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 during 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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