Opinion on  Abercrombie & Fitch Co (ANF)     Sector: Services  >  Industry: Retail (Apparel)
Abercrombie & Fitch Co

Analysts'  Recommendation:	Hold
30 Days Ago:	Buy
Analysts' Target:	$68

Analysts' Targets
Lehman Brothers	$70
Overweight
Friday, July 11, 2008
D.A. Davidson & Co.	$82
Hold
Wednesday, June 04, 2008
Friedman, Billings, Ramsey & C	$69
Mkt Perform
Tuesday, June 03, 2008
BWS Financial	$50
Buy
Monday, April 21, 2008
BWS Financial	$50
Buy
Monday, April 21, 2008

Abercrombie and Fitch
Abercrombie and Fitch , a clothing retailer that caters to young adults, has had a steady and stable balance sheet over the past decade. Its earnings per share have increased from $.96 to $5.20 and it has an ROE of 30.6%. In spite of the recent slump in retail sales, analysts give a strong buy recommendation to this company, and predict a price rise from $54 to as high as $100 in the next 12 months. For those interesting in investing in a covered call for Abercrombie and Fitch, an August position is available with a potential return of 6%, in only 29 days. The position also has downside protection of 6.3%