V.F. Corporation (VFC) has an average broker rating of 2.02, which is interpreted as a Buy, as rated by 15 equity analysts. Nonetheless, 8 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 6 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) : 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.
For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Brean Capital downgrades its outlook on V.F. Corporation (NYSE:VFC). The current rating of the shares is Buy, according to the research report released by the firm. Previously, the company had a rating of Hold. The rating by the firm was issued on July 15, 2016.
V.F. Corporation (NYSE:VFC): The stock opened at $59.5 and touched an intraday high of $60.62 on Wednesday. During the day, the stock corrected to an intraday low of $59.26, however, the bulls stepped in and pushed the price higher to close in the green at $60.62 with a gain of 2.04% for the day. The total traded volume for the day was 3,684,202. The stock had closed at $59.41 in the previous trading session.
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.