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Barclays Sticks to Its Hold Rating for Abercrombie Fitch (ANF)

Tipranks - Tipranks - Sat Jan 17, 3:12AM CST

In a report released today, Adrienne Yih from Barclays maintained a Hold rating on Abercrombie Fitch, with a price target of $115.00.

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Yih covers the Consumer Cyclical sector, focusing on stocks such as Lululemon Athletica, Gap Inc, and Bath & Body Works. According to TipRanks, Yih has an average return of 6.8% and a 52.11% success rate on recommended stocks.

In addition to Barclays, Abercrombie Fitch also received a Hold from Citi’s Paul Lejuez in a report issued on January 13. However, on January 14, UBS reiterated a Buy rating on Abercrombie Fitch (NYSE: ANF).

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Based on Abercrombie Fitch’s latest earnings release for the quarter ending November 1, the company reported a quarterly revenue of $1.29 billion and a net profit of $113 million. In comparison, last year the company earned a revenue of $1.21 billion and had a net profit of $131.98 million

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