In a report issued on April 9, Sam Poser from Susquehanna maintained a Buy rating on VF (VFC), with a price target of $69.00. The company’s shares closed last Monday at $57.50.
According to TipRanks.com, Poser has 0 stars on 0-5 star ranking scale with an average return of -5.7% and a 43.4% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings, Wolverine World Wide, and Lululemon Athletica.
Currently, the analyst consensus on VF is a Moderate Buy with an average price target of $87.12, implying a 47.1% upside from current levels. In a report issued on March 25, Goldman Sachs also maintained a Buy rating on the stock with a $80.00 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 3.41M.
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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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