Fintel reviews that on May 24, 2023, B of A Securities maintained protection of VF (NYSE:VFC) with a Underperform suggestion.
Analyst Price Forecast Suggests 56.69% Upside
As of May 11, 2023, the typical one-year value goal for VF is 28.75. The forecasts vary from a low of 22.22 to a excessive of $39.90. The common value goal represents a rise of 56.69% from its newest reported closing value of 18.35.
See our leaderboard of firms with the most important value goal upside.
The projected annual income for VF is 12,248MM, a rise of 5.47%. The projected annual non-GAAP EPS is 2.37.
What is the Fund Sentiment?
There are 1273 funds or establishments reporting positions in VF. This is a lower of 81 proprietor(s) or 5.98% within the final quarter. Average portfolio weight of all funds devoted to VFC is 0.11%, a lower of 27.13%. Total shares owned by establishments decreased within the final three months by 5.36% to 402,144K shares. 
The put/name ratio of VFC is 0.70, indicating a bullish outlook.
What are Other Shareholders Doing?
Pnc Financial Services Group holds 77,021K shares representing 19.82% possession of the corporate. In it is prior submitting, the agency reported proudly owning 77,042K shares, representing a lower of 0.03%. The agency decreased its portfolio allocation in VFC by 24.21% over the past quarter.
Northern Trust holds 24,894K shares representing 6.41% possession of the corporate. In it is prior submitting, the agency reported proudly owning 24,895K shares, representing a lower of 0.00%. The agency decreased its portfolio allocation in VFC by 70.73% over the past quarter.
SDY – SPDR(R) S&P(R) Dividend ETF holds 17,564K shares representing 4.52% possession of the corporate. In it is prior submitting, the agency reported proudly owning 7,424K shares, representing a rise of 57.73%. The agency elevated its portfolio allocation in VFC by 87.24% over the past quarter.
ABALX – AMERICAN BALANCED FUND holds 10,939K shares representing 2.81% possession of the corporate. In it is prior submitting, the agency reported proudly owning 10,224K shares, representing a rise of 6.53%. The agency decreased its portfolio allocation in VFC by 22.06% over the past quarter.
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 10,635K shares representing 2.74% possession of the corporate. In it is prior submitting, the agency reported proudly owning 10,450K shares, representing a rise of 1.74%. The agency decreased its portfolio allocation in VFC by 13.25% over the past quarter.
VF Background Information
(This description is offered by the corporate.)
Founded in 1899, VF Corporation is one of the world’s largest attire, footwear and equipment firms connecting individuals to the existence, actions and experiences they cherish most by means of a household of iconic outside, energetic and workwear manufacturers together with Vans®, The North Face®, Timberland® and Dickies®. The Company’s objective is to energy actions of sustainable and energetic existence for the betterment of individuals and our planet. The Company connects this objective with a relentless drive to succeed to create worth for all stakeholders and use our firm as a pressure for good.
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This story initially appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
