What Does Wall Street Think About Abercrombie & Fitch Co. (ANF)?

Abercrombie & Fitch Co. (NYSE:ANF) is one of the most undervalued retail stocks to invest in. On September 22, Telsey Advisory analyst Jason Strominger maintained a Buy rating on Abercrombie & Fitch Co. (NYSE:ANF) and set a price target of $125.00.

Jim Cramer Says Abercrombie & Fitch Co. (ANF) Could Go Bonkers If the Brand Turns

Similarly, BTIG also initiated coverage of Abercrombie & Fitch Co. (NYSE:ANF) with a Buy rating and a $120.00 price target.

The analyst consensus rating for Abercrombie & Fitch Co. (NYSE:ANF) is a Moderate Buy, and the stock’s median price target of $85.76 implies an upside of 39.93% from current levels.

Abercrombie & Fitch Co. (NYSE:ANF) is a global omnichannel retailer that offers an assortment of apparel, personal care products, and accessories for women, men, and kids.

Its brand portfolio includes Abercrombie brands, which includes Abercrombie & Fitch and abercrombie kids, and Hollister brands, including Hollister and Gilly Hicks.

While we acknowledge the potential of ANF to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ANF and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.