In a report issued on July 29, Adrienne Yih from Barclays maintained a Hold rating on VF (VFC – Research Report), with a price target of $46.00. The company’s shares closed last Friday at $44.68, close to its 52-week low of $43.08.
According to TipRanks.com, Yih is a 3-star analyst with an average return of 0.6% and a 44.2% success rate. Yih covers the Consumer Goods sector, focusing on stocks such as National Vision Holdings, Canada Goose Holdings, and Dick’s Sporting Goods.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for VF with a $52.17 average price target, a 9.8% upside from current levels. In a report issued on July 15, UBS also maintained a Hold rating on the stock with a $51.00 price target.
The company has a one-year high of $84.96 and a one-year low of $43.08. Currently, VF has an average volume of 3.67M.
Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VFC in relation to earlier this year. Most recently, in May 2022, Richard Carucci, a Director at VFC bought 7,636 shares for a total of $287,114.
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.
V.F. Corporation is one of the world’s largest apparel, footwear, and accessories retailer. The company engages in the design, procurement, production, marketing and distribution of lifestyle apparel, footwear, and accessories for men, women and children. It owns some of the world’s most popular and premium brands including Timberland, North Face, Icebreaker, Vans, Smartwool, Altra, Kipling, Napapijri, JanSport, Eastpak.
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