V.F. Corporation (VFC) : Analyst Rating Update

V.F. Corporation (VFC) : 18 analysts are covering V.F. Corporation (VFC) and their average rating on the stock is 1.74, which is read as a Buy. 12 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

V.F. Corporation (VFC) : Currently there are 17 street experts covering V.F. Corporation (VFC) stock. The most bullish and bearish price target for the stock is $82 and $53 respectively for the short term. The average price target of all the analysts comes to $69.27. The estimated standard deviation from the target is $7.88.

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 $61.61 and $60.57 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $62.62. The buying momentum continued till the end and the stock did not give up its gains. It closed at $62.20, notching a gain of 2.37% for the day. The total traded volume was 2,236,479 . The stock had closed at $60.76 on the previous day.

Also, Equity Analysts at the Brokerage Firm, BB&T Capital, downgrades their rating on the shares of V.F. Corporation (NYSE:VFC). BB&T Capital has a Hold rating on the shares. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on April 25, 2016. The company shares have dropped -13.19% from its 1 Year high price. On Jul 31, 2015, the shares registered one year high at $77.40 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $62.10 and the 200 Day Moving Average price is recorded at $62.25.

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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