Blurbs

Analysts Are Bullish on These Consumer Goods Stocks: Abercrombie Fitch (ANF), Capri Holdings (CPRI)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Abercrombie Fitch (ANFResearch Report) and Capri Holdings (CPRIResearch Report) with bullish sentiments.

Abercrombie Fitch (ANF)

In a report released today, Corey Tarlowe from Jefferies assigned a Buy rating to Abercrombie Fitch, with a price target of $34.00. The company’s shares closed last Tuesday at $19.25, close to its 52-week low of $18.14.

According to TipRanks.com, Tarlowe is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -16.8% and a 23.5% success rate. Tarlowe covers the Consumer Goods sector, focusing on stocks such as Bj’s Wholesale Club Holdings, Burlington Stores, and Victoria’s Secret.

The word on The Street in general, suggests a Hold analyst consensus rating for Abercrombie Fitch with a $25.88 average price target.

See the top stocks recommended by analysts >>

Capri Holdings (CPRI)

Jefferies analyst Ashley Helgans maintained a Buy rating on Capri Holdings today and set a price target of $75.00. The company’s shares closed last Tuesday at $46.38.

According to TipRanks.com, Helgans is a 1-star analyst with an average return of -7.1% and a 33.3% success rate. Helgans covers the Consumer Goods sector, focusing on stocks such as Rent the Runway, Stitch Fix, and Farfetch.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Capri Holdings with a $74.29 average price target, a 63.1% upside from current levels. In a report issued on June 1, Cowen & Co. also maintained a Buy rating on the stock with a $70.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on ANF:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos