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VF Corp (NYSE:VFC)‘s stock had its “neutral” rating reaffirmed by Zacks in a research note issued to investors on Friday. They currently have a $64.00 price target on the stock. Zacks‘s price objective would suggest a potential upside of 5.51% from the company’s current price.

Zacks’ analyst wrote, “We are impressed with V.F. Corp.’s consistently strong organic sales and earnings growth, along with an inspiring guidance for fiscal 2014. The company posted robust second-quarter 2014 results driven by sustained positive results at its Outdoor & Action Sports business. We believe that V.F. Corp’s initiatives to capitalize on opportunities in the emerging markets and its focus on core business activities will lead to better operating performance. The company’s growth prospects look promising, given its sustained focus on opportunistic acquisitions and expansion of its global operations, which will boost its top and bottom lines. However, the prevalent soft macroeconomic environment, stiff competition and volatile raw material prices remain concerns. Therefore, we maintain our long-term Neutral recommendation on the stock.”

Shares of VF Corp (NYSE:VFC) opened at 60.66 on Friday. VF Corp has a 1-year low of $46.405 and a 1-year high of $64.08. The stock’s 50-day moving average is $62.18 and its 200-day moving average is $60.9. The company has a market cap of $26.080 billion and a price-to-earnings ratio of 21.61.

VF Corp (NYSE:VFC) last released its earnings data on Friday, July 18th. The company reported $0.36 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.35 by $0.01. The company had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter last year, the company posted $0.32 earnings per share. VF Corp’s revenue was up 8.2% compared to the same quarter last year. Analysts expect that VF Corp will post $3.10 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, September 19th. Stockholders of record on Tuesday, September 9th will be given a dividend of $0.2625 per share. This represents a $1.05 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date of this dividend is Friday, September 5th.

VFC has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of VF Corp in a research note on Wednesday, July 23rd. They now have a $62.00 price target on the stock, up previously from $61.00. Separately, analysts at Telsey Advisory Group reiterated a “” rating on shares of VF Corp in a research note on Monday, July 21st. They now have a $69.00 price target on the stock. Finally, analysts at Robert W. Baird raised their price target on shares of VF Corp from $68.00 to $72.00 in a research note on Monday, May 19th. They now have an “outperform” rating on the stock. Five analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. VF Corp presently has a consensus rating of “Buy” and a consensus target price of $88.16.

V.F. Corporation (NYSE:VFC) is a global apparel company based in the United States.

To view Zacks’ full report, visit Zacks’ official website.

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