VF Corp. PT Raised to $235.00 at UBS AG (VFC)
UBS AG lifted their price target on shares of VF Corp. (NYSE:VFC) from $212.00 to $235.00 in a research note issued on Tuesday, AnalystRatings.Net reports. The firm currently has a “buy” rating on the stock. UBS AG’s price objective points to a potential upside of 11.14% from the company’s current price.
VFC has been the subject of a number of other recent research reports. Analysts at Janney Montgomery Scott raised their price target on shares of VF Corp. from $215.00 to $228.00 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at DA Davidson raised their price target on shares of VF Corp. from $223.00 to $245.00 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Finally, analysts at Stifel Nicolaus raised their price target on shares of VF Corp. from $207.00 to $235.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. Five equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $215.00.
VF Corp. (NYSE:VFC) traded up 0.10% on Tuesday, hitting $211.44. The stock had a trading volume of 798,295 shares. VF Corp. has a one year low of $142.79 and a one year high of $202.35. The stock’s 50-day moving average is $194.1 and its 200-day moving average is $183.2. The company has a market cap of $23.241 billion and a P/E ratio of 21.01.
VF Corp. (NYSE:VFC) last posted its quarterly earnings results on Monday, October 21st. The company reported $3.91 earnings per share for the quarter, beating the analysts’ consensus estimate of $3.78 by $0.13. The company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.34 billion. During the same quarter last year, the company posted $3.52 earnings per share. VF Corp.’s revenue was up 4.7% compared to the same quarter last year. On average, analysts predict that VF Corp. will post $10.95 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, December 20th. Shareholders of record on Tuesday, December 10th will be given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date of this dividend is Friday, December 6th. This is a positive change from VF Corp.’s previous quarterly dividend of $0.87.
V.F. Corporation (NYSE:VFC) is a global apparel company based in the United States.
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