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

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

The stock’s 50-day moving average is $19.57 and its 200 day moving average is $24.60. The firm has a market capitalization of $1.48 billion and a PE ratio of 25.70.

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

Other institutional investors have recently made changes to their positions in the company. Liberty Mutual Group Asset Management Inc. raised its position in shares of 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 worth $1,212,000 after buying an additional 15,268 shares during the period. Schroder Investment Management Group raised its position in shares of 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 worth $3,221,000 after buying an additional 13,145 shares during the period. Trexquant Investment LP purchased a new position in shares of Abercrombie & Fitch Co. during the fourth quarter worth $4,992,000. New York State Common Retirement Fund raised its position in shares of 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 worth $5,347,000 after buying an additional 134,540 shares during the period. Finally, Morgan Stanley raised its position 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 worth $18,130,000 after buying an additional 555,777 shares during the period.

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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