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We recently published a list of 10 Stocks on Jim Cramer and Wall Street’s Radar. In this article, we are going to take a look at where Abercrombie & Fitch Co. (NYSE:ANF) stands against other stocks on Jim Cramer and Wall Street’s radar.
When a caller inquired about Abercrombie & Fitch Co. (NYSE:ANF) on April 29, Mad Money’s host replied:
“You know what, I’ve got to see what they look like in a tariffed world… because I don’t know exactly how much of their stuff is going to have to go up in price. The stock is reflecting a lot of that, but you’re right, it’s six times earnings. But you and I both know six times earnings means usually that the earnings are too high. But it’s 65 bucks, $3.3 billion company. I think you can pick up a little, but then wait.”
A close-up of a customer trying on a piece of apparel in the retailer's spacious dressing room, emphasizing the company's focus on personal care and experience.
Abercrombie & Fitch Co. (NYSE:ANF) is a retailer that provides clothing, accessories, and personal care products for all ages through multiple brands and sales channels, including stores and online platforms.
On May 29, Raymond James analyst Rick Patel increased the price target on Abercrombie & Fitch (NYSE:ANF) to $99 from $90 and maintained an Outperform rating on the stock. The firm noted that while the Abercrombie & Fitch brand sales and gross margin fell short, the company exceeded expectations on EPS, revenue, and SG&A management and considers the fiscal 2025 guidance attainable.
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Disclosure: None. This article is originally published at Insider Monkey.
