Pivotal Research Keeps a Hold Rating on VF Corp (VFC)


In a report released today, Mitch Kummetz from Pivotal Research reiterated a Hold rating on VF Corp (VFC), with a price target of $88. The company’s shares closed yesterday at $90.33, close to its 52-week high of $91.30.

According to TipRanks.com, Kummetz is a 4-star analyst with an average return of 4.1% and a 56.3% success rate. Kummetz covers the Services sector, focusing on stocks such as Foot Locker Inc, Shoe Carnival, and Genesco Inc.

Currently, the analyst consensus on VF Corp is a Moderate Buy with an average price target of $93.83, implying a 3.9% upside from current levels. In a report issued on May 14, UBS also maintained a Hold rating on the stock with a $92 price target.

See today’s analyst top recommended stocks >>

VF Corp’s market cap is currently $35.72B and has a P/E ratio of 24.63. The company has a Price to Book ratio of 7.82.

Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. Most recently, in March 2019, Scott H. Baxter, the VP & Group Pres. of VFC sold 51,911 shares for a total of $4,372,983.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

VF Corp. designs, produces, procures, markets and distributes lifestyle apparel, footwear and related products. It operates through the following segments: Outdoor & Action Sports, Jeanswear, Imagewear and Others.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts