In a recent update, Stifel analyst Jim Duffy has made changes to the price target for VF Corporation (VFC, Financial), while maintaining the firm's current rating. Duffy has lowered the price target for the stock from a previous level of $28.00 USD to a new level of $15.00 USD.
This adjustment represents a significant decrease of approximately 46.43% in the price target for VF Corporation (VFC, Financial). Despite the lowered price target, the 'Buy' rating for the stock remains unchanged, indicating continued confidence in the company's potential for future growth.
These updates reflect current market conditions and are essential for investors monitoring VF Corporation (VFC, Financial) stock performance. Investors should consider these changes and the associated analyst insights when evaluating their investment strategies.
For those tracking the stock, VF Corporation (VFC, Financial) remains a company to watch with these latest adjustments by Stifel, as guided by analyst Jim Duffy.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for VF Corp (VFC, Financial) is $14.86 with a high estimate of $25.36 and a low estimate of $9.00. The average target implies an upside of 24.09% from the current price of $11.98. More detailed estimate data can be found on the VF Corp (VFC) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, VF Corp's (VFC, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for VF Corp (VFC, Financial) in one year is $18.09, suggesting a upside of 51.05% from the current price of $11.9765. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the VF Corp (VFC) Summary page.
