Barclays Keeps a Buy Rating on VF (VFC)


Barclays analyst Adrienne Tennant maintained a Buy rating on VF (VFC) on April 24 and set a price target of $63.00. The company’s shares closed last Friday at $54.57.

According to TipRanks.com, Tennant is a 2-star analyst with an average return of -0.2% and a 43.2% success rate. Tennant covers the Consumer Goods sector, focusing on stocks such as National Vision Holdings, Dick’s Sporting Goods, and Canada Goose Holdings.

Currently, the analyst consensus on VF is a Moderate Buy with an average price target of $70.25, which is a 28.1% upside from current levels. In a report issued on April 9, Susquehanna also maintained a Buy rating on the stock with a $69.00 price target.

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The company has a one-year high of $100.25 and a one-year low of $45.07. Currently, VF has an average volume of 3.34M.

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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, Active, Work and Jeans. The Outdoor segment refers to outdoor and activity-based lifestyle brands including performance-based apparel, footwear, equipment, backpacks, luggage and accessories. The Active segment is a group of activity-based lifestyle brands which offers active apparel, footwear and accessories. The Work segment consists of work and work-inspired lifestyle apparel and footwear and occupational apparel sold through direct-to-consumer, wholesale and business-to-business channels. The Jeans segment markets denim and related casual apparel products globally. The company was founded by John Barbey in October 1899 and headquartered in Greensboro, NC.

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