Abercrombie & Fitch Company – Consensus Indicates Potential 39.3% Upside

Broker Ratings
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Abercrombie & Fitch Company found using ticker (ANF) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 35 and 17 calculating the average target price we see 26. With the stocks previous close at 18.67 this indicates there is a potential upside of 39.3%. The 50 day moving average now sits at 20.92 and the 200 day MA is 32.52. The market capitalisation for the company is $937m. Company Website: https://www.abercrombie.com

The potential market cap would be $1,305m based on the market concensus.

Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer. The company operates in two segments, Hollister and Abercrombie. It offers an assortment of apparel, personal care products, and accessories for men, women, and children under the Hollister, Abercrombie & Fitch, abercrombie kids, Moose, Seagull, Gilly Hicks, and Social Tourist brands. As of January 29, 2022, it operated approximately 729 retail stores in Europe, Asia, Canada, the Middle East, United States, and internationally. The company sells products through its stores; various third-party wholesale, franchise, and licensing arrangements; and e-commerce platforms. Abercrombie & Fitch Co. was founded in 1892 and is headquartered in New Albany, Ohio.

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