JPMorgan Chase & Co. Boosts Abercrombie & Fitch (NYSE:ANF) Price Target to $114.00

Abercrombie & Fitch (NYSE:ANF) had its target price raised by equities researchers at JPMorgan Chase & Co. from $102.00 to $114.00 in a research note issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the apparel retailer’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 34.51% from the company’s current price.

Other equities research analysts also recently issued reports about the company. UBS Group cut their price target on Abercrombie & Fitch from $160.00 to $149.00 and set a “buy” rating for the company in a research note on Monday, February 23rd. Morgan Stanley increased their price objective on Abercrombie & Fitch from $78.00 to $95.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 26th. The Goldman Sachs Group initiated coverage on shares of Abercrombie & Fitch in a research report on Thursday, December 11th. They set a “buy” rating and a $120.00 price objective on the stock. Zacks Research upgraded shares of Abercrombie & Fitch from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 25th. Finally, Barclays boosted their target price on shares of Abercrombie & Fitch from $94.00 to $115.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 6th. Seven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $118.80.

Abercrombie & Fitch Trading Down 4.1%

NYSE ANF opened at $84.75 on Thursday. Abercrombie & Fitch has a 1-year low of $65.40 and a 1-year high of $133.11. The firm’s fifty day simple moving average is $103.09 and its 200-day simple moving average is $93.28. The company has a market capitalization of $3.89 billion, a PE ratio of 8.04 and a beta of 1.17.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data on Wednesday, March 4th. The apparel retailer reported $3.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.56 by $0.12. Abercrombie & Fitch had a return on equity of 36.36% and a net margin of 9.63%.The firm had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.67 billion. During the same quarter last year, the firm earned $3.57 earnings per share. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. 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. As a group, analysts predict that Abercrombie & Fitch will post 10.62 EPS for the current year.

Insider Buying and Selling at Abercrombie & Fitch

In related news, CEO Fran Horowitz sold 103,200 shares of the business’s stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $98.53, for a total value of $10,168,296.00. Following the completion of the sale, the chief executive officer directly owned 605,303 shares in the company, valued at approximately $59,640,504.59. The trade was a 14.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last quarter, insiders sold 350,000 shares of company stock valued at $34,661,358. 2.29% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Abercrombie & Fitch

A number of large investors have recently added to or reduced their stakes in ANF. Parallel Advisors LLC grew its holdings in Abercrombie & Fitch by 17.6% during the third quarter. Parallel Advisors LLC now owns 967 shares of the apparel retailer’s stock valued at $83,000 after purchasing an additional 145 shares during the last quarter. Larson Financial Group LLC lifted its stake in shares of Abercrombie & Fitch by 120.3% in the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock worth $34,000 after buying an additional 148 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in shares of Abercrombie & Fitch by 19.4% during the 4th quarter. Public Employees Retirement System of Ohio now owns 928 shares of the apparel retailer’s stock worth $117,000 after buying an additional 151 shares during the period. Kestra Advisory Services LLC boosted its holdings in shares of Abercrombie & Fitch by 3.9% during the 4th quarter. Kestra Advisory Services LLC now owns 4,055 shares of the apparel retailer’s stock worth $510,000 after buying an additional 151 shares during the period. Finally, Franklin Resources Inc. grew its stake in Abercrombie & Fitch by 0.4% in the 2nd quarter. Franklin Resources Inc. now owns 47,779 shares of the apparel retailer’s stock valued at $3,958,000 after buying an additional 167 shares during the last quarter.

About Abercrombie & Fitch

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.