Pivotal Research reaffirmed their hold rating on shares of VF (NYSE:VFC) in a research note released on Friday, AnalystRatings.com reports. Pivotal Research currently has a $90.00 price target on the textile maker’s stock, up from their previous price target of $88.00.
Several other equities research analysts also recently issued reports on VFC. Telsey Advisory Group reaffirmed a market perform rating and set a $28.00 price target on shares of L Brands in a research note on Thursday, May 23rd. Goldman Sachs Group set a €6.34 ($7.37) price target on shares of Banco Bilbao Vizcaya Argentaria and gave the stock a neutral rating in a research note on Friday, May 17th. Cowen reaffirmed a buy rating on shares of ImmunoGen in a research note on Thursday, June 27th. Wedbush set a $69.00 price target on shares of Albireo Pharma and gave the stock a buy rating in a research note on Thursday, May 23rd. Finally, Guggenheim reissued a buy rating and set a $95.00 price objective (up from $90.00) on shares of VF in a report on Thursday, May 23rd. Six analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of $94.50.
NYSE:VFC opened at $87.34 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.03 and a current ratio of 1.76. The stock has a market capitalization of $34.69 billion, a P/E ratio of 23.11, a P/E/G ratio of 2.48 and a beta of 1.15. VF has a fifty-two week low of $67.18 and a fifty-two week high of $97.00. The stock’s 50 day moving average is $86.75.
Institutional investors have recently bought and sold shares of the business. Paragon Capital Management LLC bought a new stake in shares of VF in the 1st quarter worth approximately $41,000. Prime Capital Investment Advisors LLC raised its holdings in shares of VF by 73.8% in the 1st quarter. Prime Capital Investment Advisors LLC now owns 478 shares of the textile maker’s stock worth $42,000 after purchasing an additional 203 shares in the last quarter. Meridian Wealth Management LLC bought a new stake in shares of VF in the 1st quarter worth approximately $53,000. Zions Bancorporation N.A. bought a new stake in shares of VF in the 1st quarter worth approximately $57,000. Finally, Sonora Investment Management LLC raised its holdings in shares of VF by 92.2% in the 2nd quarter. Sonora Investment Management LLC now owns 744 shares of the textile maker’s stock worth $65,000 after purchasing an additional 357 shares in the last quarter.
VF Company Profile
V.F. Corporation engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia Pacific. It operates through four segments: Outdoor & Action Sports, Jeanswear, Imagewear, and Other.
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