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Analysts Offer Insights on Consumer Cyclical Companies: Abercrombie Fitch (ANF) and Yeti Holdings (YETI)

Tipranks - Thu Jun 18, 9:02AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Abercrombie Fitch (ANF) and Yeti Holdings (YETI) with bullish sentiments.

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Abercrombie Fitch (ANF)

Jefferies analyst Corey Tarlowe maintained a Buy rating on Abercrombie Fitch today and set a price target of $110.00. The company’s shares closed last Wednesday at $90.47, close to its 52-week low of $74.31.

According to TipRanks.com, Tarlowe is a 5-star analyst with an average return of 18.9% and a 66.7% success rate. Tarlowe covers the NA sector, focusing on stocks such as Burlington Stores, Victoria’s Secret, and Casey’s General. ;'>

Currently, the analyst consensus on Abercrombie Fitch is a Moderate Buy with an average price target of $111.30, implying a 21.4% upside from current levels. In a report issued on June 5, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $89.00 price target.

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Yeti Holdings (YETI)

In a report released today, Randal Konik from Jefferies maintained a Buy rating on Yeti Holdings, with a price target of $70.00. The company’s shares closed last Wednesday at $50.00.

According to TipRanks.com, Konik is a 3-star analyst with an average return of 1.2% and a 44.4% success rate. Konik covers the NA sector, focusing on stocks such as Lucky Strike Entertainment, Life Time Group Holdings, and OneSpaWorld Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Yeti Holdings with a $51.36 average price target, which is a 2.7% upside from current levels. In a report issued on June 3, TipRanks – PerPlexity also upgraded the stock to Buy with a $51.00 price target.

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