Abercrombie & Fitch (NYSE:ANF) Price Target Raised to $110.00 at JPMorgan Chase & Co.

Abercrombie & Fitch (NYSE:ANF) had its price target raised by stock analysts at JPMorgan Chase & Co. from $107.00 to $110.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the apparel retailer’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 33.94% from the company’s current price.

A number of other equities analysts have also weighed in on the stock. UBS Group set a $136.00 target price on shares of Abercrombie & Fitch in a report on Thursday. BTIG Research restated a “buy” rating and set a $120.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday. Raymond James Financial set a $92.00 target price on shares of Abercrombie & Fitch in a research report on Thursday, May 21st. Jefferies Financial Group dropped their target price 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. Finally, Telsey Advisory Group dropped their target price on shares of Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating for the company in a research report on Thursday. Eight equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $114.18.

Abercrombie & Fitch Trading Up 0.9%

NYSE ANF traded up $0.71 during trading hours on Thursday, hitting $82.13. 1,228,298 shares of the company’s stock traded hands, compared to its average volume of 1,483,231. The business’s fifty day moving average price is $85.94 and its two-hundred day moving average price is $94.49. The firm has a market capitalization of $3.67 billion, a P/E ratio of 7.79 and a beta of 0.97. Abercrombie & Fitch has a 52 week low of $65.45 and a 52 week high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last announced its earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.21. The company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.12 billion. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.59 earnings per share. Abercrombie & Fitch has set its Q2 2026 guidance at 1.800-2.000 EPS and its FY 2026 guidance at 10.200-11.000 EPS. On average, sell-side analysts expect that Abercrombie & Fitch will post 10.63 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Abercrombie & Fitch by 3.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,517 shares of the apparel retailer’s stock worth $2,254,000 after purchasing an additional 892 shares during the period. Jones Financial Companies Lllp increased its position in Abercrombie & Fitch by 521.1% during the 1st quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer’s stock valued at $76,000 after purchasing an additional 839 shares during the period. United Services Automobile Association purchased a new position in Abercrombie & Fitch during the 1st quarter valued at about $261,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Abercrombie & Fitch by 8.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 127,389 shares of the apparel retailer’s stock valued at $9,729,000 after purchasing an additional 10,459 shares during the period. Finally, Sivia Capital Partners LLC purchased a new position in Abercrombie & Fitch during the 2nd quarter valued at about $348,000.

Key Headlines Impacting Abercrombie & Fitch

Here are the key news stories impacting Abercrombie & Fitch this week:

• Positive Sentiment: Abercrombie & Fitch delivered Q1 earnings of $1.47 per share, above estimates, and posted record quarterly net sales of $1.11 billion, marking its 14th straight quarter of sales growth.
• Positive Sentiment: The company returned capital by repurchasing $105 million of stock in the quarter and still has substantial buyback authorization remaining, which can support EPS growth.
• Positive Sentiment: Management reaffirmed full-year guidance for 3% to 5% net sales growth and $10.20 to $11.00 in EPS, signaling confidence in the rest of the year.
• Neutral Sentiment: APAC sales were strong, up 24%, while the Americas grew 3%, but EMEA sales fell 10% as Middle East conflict weighed on demand, especially at Hollister.
• Neutral Sentiment: Comparable sales declined 1% and operating margin slipped to 8.0% from 9.3% a year ago, suggesting costs and demand remain pressure points despite the earnings beat.
• Negative Sentiment: Telsey Advisory Group lowered its price target on ANF from $125 to $115, which may temper some of the post-earnings enthusiasm even though the firm kept an outperform rating.

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.