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Robert W. Baird Keeps Their Hold Rating on Abercrombie Fitch (ANF)


Robert W. Baird analyst Mark Altschwager reiterated a Hold rating on Abercrombie Fitch (ANF) on November 29 and set a price target of $25. The company’s shares opened today at $19.59.

According to TipRanks.com, Altschwager is a 4-star analyst with an average return of 8.2% and a 47.9% success rate. Altschwager covers the Services sector, focusing on stocks such as Urban Outfitters, Ulta Beauty Inc, and Tapestry Inc.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Abercrombie Fitch with a $18.50 average price target, which is a -5.6% downside from current levels. In a report issued on November 26, Nomura also maintained a Hold rating on the stock with a $17 price target.

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The company has a one-year high of $29.69 and a one-year low of $15.28. Currently, Abercrombie Fitch has an average volume of 3.27M.

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Abercrombie & Fitch Co. engages in the retail of apparel, personal care products and accessories. It offers apparel products, including knit tops, woven shirts, graphic t-shirts, fleece, sweaters, jeans, woven pants, shorts, outerwear, dresses, intimates and swimwear; and personal care products and accessories for men, women and kids under the Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks brands. The company was founded by David Abercrombie in 1892 and is headquartered in New Albany, OH.