JPMorgan Chase & Co. Cuts Abercrombie & Fitch (NYSE:ANF) Price Target to $107.00

Abercrombie & Fitch (NYSE:ANF) had its price target reduced by JPMorgan Chase & Co. from $110.00 to $107.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has a “neutral” rating on the apparel retailer’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 49.42% from the company’s previous close.

A number of other equities analysts have also issued reports on the stock. Jefferies Financial Group reduced their price target on shares of Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating for the company in a research report on Wednesday, March 4th. Needham & Company LLC initiated coverage on shares of Abercrombie & Fitch in a report on Thursday, March 26th. They set a “buy” rating and a $108.00 target price for the company. Barclays cut their target price on shares of Abercrombie & Fitch from $115.00 to $95.00 and set an “equal weight” rating for the company in a report on Thursday, March 5th. Wall Street Zen lowered shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a report on Sunday, March 8th. Finally, UBS Group cut their target price on shares of Abercrombie & Fitch from $160.00 to $149.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Eight investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $117.18.

Abercrombie & Fitch Price Performance

ANF traded up $1.04 during trading on Monday, reaching $71.61. 272,519 shares of the company’s stock were exchanged, compared to its average volume of 1,431,873. Abercrombie & Fitch has a 1 year low of $65.45 and a 1 year high of $133.11. The stock has a market capitalization of $3.20 billion, a P/E ratio of 6.82 and a beta of 0.97. The company’s fifty day simple moving average is $87.50 and its 200-day simple moving average is $94.24.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings results on Wednesday, March 4th. The apparel retailer reported $3.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.56 by $0.12. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. The company had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.67 billion. During the same period last year, the firm posted $3.57 EPS. Abercrombie & Fitch’s revenue for the quarter 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. Equities analysts forecast that Abercrombie & Fitch will post 10.68 EPS for the current year.

Institutional Investors Weigh In On Abercrombie & Fitch

A number of institutional investors have recently added to or reduced their stakes in the stock. Empowered Funds LLC grew its stake in Abercrombie & Fitch by 58.3% in the 1st quarter. Empowered Funds LLC now owns 29,522 shares of the apparel retailer’s stock valued at $2,697,000 after acquiring an additional 10,871 shares during the period. Quantinno Capital Management LP grew its stake in Abercrombie & Fitch by 30.9% in the 1st quarter. Quantinno Capital Management LP now owns 5,172 shares of the apparel retailer’s stock valued at $473,000 after acquiring an additional 1,220 shares during the period. Lazard Asset Management LLC grew its stake in Abercrombie & Fitch by 76.7% in the 1st quarter. Lazard Asset Management LLC now owns 10,917 shares of the apparel retailer’s stock valued at $997,000 after acquiring an additional 4,739 shares during the period. Aristides Capital LLC acquired a new stake in Abercrombie & Fitch in the 1st quarter valued at $1,005,000. Finally, Arrowstreet Capital Limited Partnership grew its stake in Abercrombie & Fitch by 41.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,310,296 shares of the apparel retailer’s stock valued at $119,722,000 after acquiring an additional 384,845 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.