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An Analysis of Abercrombie & Fitch Co (ANF)’s Potential Price Growth

Abercrombie & Fitch Co’s recently made public that its Director Coulter Suzanne M unloaded Company’s shares for reported $0.46 million on Dec 04 ’24. In the deal valued at $160.00 per share,2,870 shares were sold. As a result of this transaction, Coulter Suzanne M now holds 6,405 shares worth roughly $0.65 million.

Then, Coulter Suzanne M sold 6,800 shares, generating $1,100,254 in total proceeds. Upon selling the shares at $161.80, the Director now owns 9,275 shares.

Before that, HENCHEL GREGORY J sold 10,000 shares. Abercrombie & Fitch Co shares valued at $1,503,300 were divested by the SVP, Gen Cnsl & Secy at a price of $150.33 per share. As a result of the transaction, HENCHEL GREGORY J now holds 30,347 shares, worth roughly $3.1 million.

UBS upgraded its Abercrombie & Fitch Co [ANF] rating to a Buy from a a Neutral in a research note published on January 10, 2025; the price target was increased to $220 from $173. A number of analysts have revised their coverage, including JP Morgan’s analysts, who remained covering the stock and in mid December has reiterated a ‘”an Overweight”‘ rating for it. Raymond James began covering ANF with “an Outperform” recommendation on December 06, 2024. Citigroup revised its rating on August 30, 2024. It rated ANF as “a Buy” which previously was an “a Neutral”.

Price Performance Review of ANF

On Friday, Abercrombie & Fitch Co [NYSE:ANF] saw its stock jump 2.04% to $102.15. Over the last five days, the stock has lost -8.85%. Abercrombie & Fitch Co shares have fallen nearly -31.66% since the year began. Nevertheless, the stocks have fallen -12.88% over the past one year. While a 52-week high of $196.99 was reached on 01/07/25, a 52-week low of $99.51 was recorded on 02/24/25. SMA at 50 days reached $131.38, while 200 days put it at $147.23.

Levels Of Support And Resistance For ANF Stock

The 24-hour chart illustrates a support level at 99.68, which if violated will result in even more drops to 97.21. On the upside, there is a resistance level at 104.06. A further resistance level may holdings at 105.97. The Relative Strength Index (RSI) on the 14-day chart is 28.26, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.16%. Stochastics %K at 8.06% indicates the stock is a buying.

The most recent change occurred on August 29, 2024 when Telsey Advisory Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $190.

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