V.F. Corporation (VFC) : Zacks Investment Research ranks V.F. Corporation (VFC) as 3, which is a Hold recommendation. 8 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 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 16 research analysts is 2.08, which indicates as a Buy.
V.F. Corporation (VFC) : Average target price received by V.F. Corporation (VFC) is $69.74 with an expected standard deviation of $7.16. The most aggressive target on the stock is $82, whereas the most downbeat target is $53. 17 financial analysts are currently covering the stock.
Also, DA Davidson downgrades its view on V.F. Corporation (NYSE:VFC) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. DA Davidson lowers the price target from $78 per share to $64 per share on V.F. Corporation. The rating by the firm was issued on September 6, 2016.
V.F. Corporation (NYSE:VFC): The stock opened in the green at $55.25 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $56.68 and a low of $55.21 for the day. The stock did not find buyers even at the lows and closed at $56.2 recording a loss of -3.17%. 8,732,814 shares exchanged hands during the trading day. The stock had closed at $58.04 in the previous days trading.
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.