On Oct 23, major Wall Street analysts update their ratings for $VF Corp (VFC.US)$, with price targets ranging from $10 to $19.
BofA Securities analyst Lorraine Hutchinson maintains with a sell rating, and sets the target price at $13.
Wells Fargo analyst Ike Boruchow maintains with a sell rating, and maintains the target price at $15.
Telsey Advisory analyst Dana Telsey maintains with a hold rating, and maintains the target price at $19.
Williams Trading analyst Sam Poser maintains with a sell rating, and maintains the target price at $10.
Seaport Global analyst Mitch Kummetz maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $VF Corp (VFC.US)$'s main analysts recently are as follows:
VF Corp. is anticipated to face ongoing wholesale challenges at The North Face, as management notes retail partners' hesitance to assume inventory risk early after a warmer beginning to the fall and winter seasons last year. Moreover, there appears to be persistent traffic challenges globally across the company's brand portfolio.
Here are the latest investment ratings and price targets for $VF Corp (VFC.US)$ from 5 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
