After Susquehanna and Piper Jaffray gave VF Corp (NYSE: VFC) a Buy rating last month, the company received another Buy, this time from Credit Suisse. Analyst Michael Binetti maintained a Buy rating on VF Corp today and set a price target of $116.00. The company’s shares closed last Monday at $91.60, close to its 52-week high of $92.11.
According to TipRanks.com, Binetti is a 5-star analyst with an average return of 9.0% and a 58.7% success rate. Binetti covers the Services sector, focusing on stocks such as Ralph Lauren Corp, Foot Locker Inc, and Ulta Beauty Inc.
VF Corp has an analyst consensus of Moderate Buy, with a price target consensus of $102.44.
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VF Corp’s market cap is currently $36.45B and has a P/E ratio of 31.96. The company has a Price to Book ratio of 8.77.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is neutral on the stock.
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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.
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