Canaccord Genuity analyst Camilo Lyon reiterated a Hold rating on VF Corp (NYSE: VFC) today and set a price target of $54. The company’s shares opened today at $51.77, close to its 52-week low of $50.49.
According to TipRanks.com, Lyon is ranked 0 out of 5 stars with an average return of -2.4% and a 42.5% success rate. Lyon covers the Consumer Goods sector, focusing on stocks such as Columbia Sportswear, Sequential Brands, and Deckers Outdoor.
Currently, the analyst consensus on VF Corp is Hold and the average price target is $58, representing a 12.0% upside.
In a report issued on January 11, Brean Capital also reiterated a Hold rating on the stock.
VF Corp’s market cap is currently $21.45B and has a P/E ratio of 17.25. The company has a book value ratio of 4.4019.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. Most recently, in December 2016, Robert J Ny Hurst, a Director at VFC sold 11,761 shares for a total of $655,441.
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VF Corp. operates as an apparel company which engages in the provision of fashion clothes, footwear, and other related products. Its brands include Jansport, Kipling, Lee, Lucy, Majestic, Napapijri, Nautica, Reef, The North Face, Timberland, Vans, Wrangler, Riders by Lee, Rock & Republic, Bulwark, Horace Small, Red Kap, and Wrangler Workwear. It operates through the following segments: Outdoor and Action Sports, Jeanswear, Imagewear, Sportwear, Contemporary Brands, and Other. The Outdoor and Action Sports segment refers to outdoor apparel and footwear, backpack, bags, and technical equipment. The Jeanswear segment offers denim and casual apparel. The Imagewear segment provides occupational workwear and athletic apparel. The Sportswear segment includes sportswear apparel and accessories. The Contemporary Brands segment provides premium denim and lifestyle apparel. The Other segment sells non-VF products at VF Outlet stores. The company was founded in 1899 by John Barbey and headquartered in Greensboro, NC.
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