On 3/25/24, Abercrombie & Fitch Co. (NYSE: ANF) stock suffered a major decline of -10.2%, closing at $121.17. Moreover, this decline was accompanied by unusually high trading volume at 166% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -3.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ANF is expected to continue to be a major Value Builder.
Abercrombie & Fitch Co has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Abercrombie & Fitch Co has a neutral Appreciation Score of 41 but a very high Power Rating of 100, triggering the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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