V.F. Corporation (VFC) has an average broker rating of 1.78, which is interpreted as a Buy, as rated by 17 equity analysts. Nonetheless, 11 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
V.F. Corporation (VFC) : The highest level V.F. Corporation (VFC) is projected to reach is $82 for the short term and the lowest estimate is at $53. The consolidated price target from 17 rating analysts who initiate coverage on the stock is $70.56 and the possibility the share price can swing is $7.26.
For the current week, the company shares have a recommendation consensus of Buy. V.F. Corporation (NYSE:VFC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $62.76 and $62.37 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $64.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $63.93, notching a gain of 3.58% for the day. The total traded volume was 2,461,182 . The stock had closed at $61.72 on the previous day.
In a related news, The Securities and Exchange Commission has divulged that Wiseman Eric C, (Chairman & CEO) of V F Corp, had unloaded 99,666 shares at an average price of $65.77 in a transaction dated on March 7, 2016. The total value of the transaction was worth $6,555,033.
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.