In a report issued on February 1, Ike Boruchow from Wells Fargo maintained a Buy rating on VF (VFC – Research Report), with a price target of $75.00. The company’s shares closed last Monday at $62.81, close to its 52-week low of $61.49.
According to TipRanks.com, Boruchow is a 3-star analyst with an average return of 2.8% and a 45.5% success rate. Boruchow covers the Consumer Goods sector, focusing on stocks such as aka Brands Holding Corp, Canada Goose Holdings, and Lululemon Athletica.
VF has an analyst consensus of Moderate Buy, with a price target consensus of $74.82, a 16.2% upside from current levels. In a report issued on January 28, BTIG also maintained a Buy rating on the stock with a $90.00 price target.
The company has a one-year high of $90.79 and a one-year low of $61.49. Currently, VF has an average volume of 2.77M.
Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is neutral on the stock. Most recently, in December 2021, Laura Lang, a Director at VFC sold 7,429 shares for a total of $567,576.
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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