Jefferies Remains a Buy on Abercrombie Fitch (ANF)
In a report released today, Corey Tarlowe from Jefferies maintained a Buy rating on Abercrombie Fitch, with a price target of $130.00.
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According to TipRanks, Tarlowe is a 5-star analyst with an average return of 16.2% and a 65.31% success rate. Tarlowe covers the Consumer Cyclical sector, focusing on stocks such as Ross Stores, Alimentation Couche-Tard Inc, and Abercrombie Fitch.
Abercrombie Fitch has an analyst consensus of Moderate Buy, with a price target consensus of $124.00.
Based on Abercrombie Fitch’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $1.67 billion and a net profit of $172.13 million. In comparison, last year the company earned a revenue of $1.58 billion and had a net profit of $187.23 million
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