RBC Capital Thinks VF’s Stock is Going to Recover


In a report issued on May 15, Kate Fitzsimons from RBC Capital maintained a Buy rating on VF (VFC), with a price target of $60.00. The company’s shares closed last Friday at $51.96, close to its 52-week low of $45.07.

According to TipRanks.com, Fitzsimons is ranked 0 out of 5 stars with an average return of -24.9% and a 25.6% success rate. Fitzsimons covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings, Lululemon Athletica, and Abercrombie Fitch.

VF has an analyst consensus of Moderate Buy, with a price target consensus of $65.87, implying a 24.5% upside from current levels. In a report issued on May 15, J.P. Morgan also maintained a Buy rating on the stock with a $61.00 price target.

See today’s analyst top recommended stocks >>

VF’s market cap is currently $20.51B and has a P/E ratio of 17.20. The company has a Price to Book ratio of 20.27.

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, 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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts