Equities research analysts at Telsey Advisory Group lowered their price target on shares of Abercrombie & Fitch Co. (NYSE:ANF) from $60.00 to $45.00 in a research note issued to investors on Friday, Analyst Ratings Network reports. The firm currently has a “not rated” rating on the stock. Telsey Advisory Group’s price objective suggests a potential upside of 16.79% from the stock’s previous close.

Abercrombie & Fitch Co. (NYSE:ANF) traded down 0.93% on Friday, hitting $38.17. 1,574,767 shares of the company’s stock traded hands. Abercrombie & Fitch Co. has a 52 week low of $30.06 and a 52 week high of $55.23. The stock has a 50-day moving average of $49.42 and a 200-day moving average of $49.00. The company has a market cap of $2.991 billion and a P/E ratio of 12.52. Abercrombie & Fitch Co. also was the recipient of some unusual options trading on Wednesday. Traders acquired 14,770 call options on the stock. This is an increase of 326% compared to the average volume of 3,465 call options.

Abercrombie & Fitch Co. (NYSE:ANF) last posted its quarterly earnings results on Thursday, August 22nd. The company reported $0.16 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.28 by $0.12. The company had revenue of $945.70 million for the quarter, compared to the consensus estimate of $996.64 million. During the same quarter in the previous year, the company posted $0.19 earnings per share. The company’s revenue for the quarter was down .6% on a year-over-year basis. Analysts expect that Abercrombie & Fitch Co. will post $3.22 EPS for the current fiscal year.

A number of other firms have also recently commented on ANF. Analysts at Oppenheimer cut their price target on shares of Abercrombie & Fitch Co. from $65.00 to $53.00 in a research note to investors on Friday. They now have an “outperform” rating on the stock. Separately, analysts at Robert W. Baird downgraded shares of Abercrombie & Fitch Co. from an “outperform” rating to a “neutral” rating in a research note to investors on Friday. They now have a $42.00 price target on the stock, down previously from $59.00. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Abercrombie & Fitch Co. in a research note to investors on Thursday. They now have a $50.00 price target on the stock, down previously from $60.00.

One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seventeen have assigned a buy rating to the company’s stock. Abercrombie & Fitch Co. has a consensus rating of “Buy” and an average target price of $52.15.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 17th. Investors of record on Tuesday, September 3rd will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.08%.

Abercrombie & Fitch Co (NYSE:ANF), through its subsidiaries, is a specialty retailer of casual apparel for men, women and kids.