Abercrombie & Fitch Stock: Buy, Sell, or Hold?
Abercrombie Fitch's (NYSE: ANF) stock surged 31% on May 24, following its latest earnings report. For the first quarter of fiscal 2023, which ended on April 29, the apparel retailer's revenue rose 3% year over year to $836 million and exceeded analysts' estimates by $21 million.
Its adjusted earnings of $0.39 per share also topped expectations by $0.37 and marked a major improvement from its net loss of $0.27 a year ago. Those numbers were impressive, but should investors buy, sell, or hold Abercrombie's (A's) stock right now?
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Source Fool.com
Abercrombie + Fitch A Stock
€145.72
-0.010%
Abercrombie + Fitch A is currently one of the favorites of our community with 14 Buy predictions and no Sell predictions.
On the other hand, the target price of 141 € is below the current price of 145.72 € for Abercrombie + Fitch A, so the potential is actually -3.24%.
