V.F. Corporation (VFC) Receives Price Target

V.F. Corporation (VFC) : 17 Wall Street analysts covering V.F. Corporation (VFC) believe that the average level the stock could reach for the short term is $70.56. The maximum price target given is $82 and the minimum target for short term is around $53, hence the standard deviation is calculated at $7.26.

V.F. Corporation (VFC) : The consensus on V.F. Corporation (VFC) based on 15 analyst recommendation on the company stock is 1.75, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 10 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.


Also, Equity Analysts at the Brokerage Firm, Brean Capital, downgrades their rating on the shares of V.F. Corporation (NYSE:VFC). Brean Capital has a Buy rating on the shares. 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): The stock opened at $61.34 on Thursday but the bulls could not build on the opening and the stock topped out at $61.58 for the day. The stock traded down to $60.86 during the day, due to lack of any buying support eventually closed down at $61.56 with a loss of -0.79% for the day. The stock had closed at $62.05 on the previous day. The total traded volume was 3,150,298 shares.

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.

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