V.F. Corporation (VFC) : Zacks Investment Research ranks V.F. Corporation (VFC) as 3, which is a Hold recommendation. 11 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 17 research analysts is 1.78, which indicates as a Buy.
V.F. Corporation (VFC) : 16 Wall Street analysts covering V.F. Corporation (VFC) believe that the average level the stock could reach for the short term is $69.97. The maximum price target given is $82 and the minimum target for short term is around $53, hence the standard deviation is calculated at $7.48.
For the current week, the company shares have a recommendation consensus of Buy. Also, Brokerage firm Brean Capital downgrades its rating on V.F. Corporation (NYSE:VFC). The shares have been rated Buy. Previously, the analysts had a Hold rating on the shares. The rating by the firm was issued on July 15, 2016.
V.F. Corporation (NYSE:VFC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $59.22 and $58.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $60.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $60.66, notching a gain of 1.10% for the day. The total traded volume was 3,303,969 . The stock had closed at $60.00 on the previous day.
V.F. Corporation (VF) is engaged in the design, manufacturing, marketing and distribution of branded lifestyle apparel, footwear and accessories. The Company operates through five coalitions: Outdoor & Action Sports, Jeanswear, Imagewear, Sportswear and Contemporary Brands. The Company owns a portfolio of brands in the outerwear, footwear, denim, backpack, luggage, accessory, sportswear, occupational and performance apparel categories. The Companys brands primarily include The North Face, Vans, Timberland, Wrangler, Lee and Nautica. The Companys products are marketed to consumers shopping in specialty stores, upscale and traditional department stores, national chains, mass merchants and its own direct-to-consumer operations. Its direct-to-consumer business includes VF-operated stores, concession retail stores and e-commerce sites. The Companys brands sell products in international markets through licensees, distributors and independently-operated partnership stores.