Abercrombie & Fitch Company (ANF) News
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ANF News Highlights
- ANF's 30 day story count now stands at 6.
- Over the past 18 days, the trend for ANF's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- The most mentioned tickers in articles about ANF are AEO and PAY.
Latest ANF News From Around the Web
Below are the latest news stories about ABERCROMBIE & FITCH CO that investors may wish to consider to help them evaluate ANF as an investment opportunity.
While it’s not a pleasant topic to discuss, with the broader indices hurting badly, it’s time to consider stocks to sell.
Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating on the shares of Abercrombie & Fitch Co (NYSE: ANF) with a price target of $25.00. Despite a softening demand environment amid macro challenges to lower-income consumers and significant uncertainty in Europe, management struck a fairly positive tone during the investor meetings hosted by the analyst and her team. Inventory balances are expected to be right-sized to demand trends heading into the holiday, said Telsey. The a
To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
CORRECTIONS Abercrombie & Fitch hasn’t recently announced corporate layoffs. A Business & Finance article on Wednesday about layoffs at Gap incorrectly said Abercrombie was among retailers that had recent corporate layoffs.
Investors need to pay close attention to Abercrombie (ANF) stock based on the movements in the options market lately.
American Eagle Outfitters (NYSE: AEO) and Abercrombie & Fitch (NYSE: ANF) both recently disappointed investors with dismal quarterly earnings reports and soft guidance for the rest of the year. Those poor results weren't surprising since inflation has been throttling sales of clothing and other discretionary goods while boosting labor and shipping costs.
In a report released today, Kimberly Greenberger from Morgan Stanley maintained a Sell rating on Abercrombie Fitch (ANF - Research Report), with a price target of $15.00. The company's shares closed yesterday at $15.27.According to TipRanks, Greenberger is a 3-star analyst with an average return of 2.2% and a 54.08% success rate. Greenberger covers the Consumer Goods sector, focusing on stocks such as Lululemon Athletica, Levi Strauss & Co, and American Eagle.Abercrombie Fitch has an analyst consensus of Moderate Buy, with a price target consensus of $22.43.
Clothing retailers like The Gap (GPS), Target Corporation (TGT), Walmart (WMT), and Urban Outfitters (URBN) are all struggling to drive apparel sales.
Inventories are at historic high levels due to overordering, goods flowing in faster than expected due to easing supply chain bottlenecks, and declining consumer demand, forcing retailers to put promotions into high gear.
Abercrombie & Fitch (NYSE: ANF) recently attracted a lot of attention with an ugly second-quarter report. What happened to Abercrombie & Fitch? Horowitz also rebooted its aging ad strategies, launched aggressive social media campaigns, and courted older shoppers to reduce its dependence on teen shoppers.