In a report released today, Sam Poser from Susquehanna reiterated a Buy rating on VF Corp (NYSE: VFC), with a price target of $108. The company’s shares opened today at $93.17, close to its 52-week high of $97.
According to TipRanks.com, Poser is a 5-star analyst with an average return of 9.1% and a 59.3% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Deckers Outdoor, and Steven Madden.
VF Corp has an analyst consensus of Strong Buy, with a price target consensus of $100.63, an 8.0% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a $108 price target.
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The company has a one-year high of $97 and a one-year low of $61.56. Currently, VF Corp has an average volume of 2.13M.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock. Most recently, in June 2018, Scott H. Baxter, the VP & Group Pres. of VFC sold 65,988 shares for a total of $5,533,094.
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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.
