On May 24, 2023, Fintel reported that Wells Fargo has maintained its coverage of VF (NYSE:VFC) with an equal-weight recommendation.
According to the average one-year price target for VF as of May 11, 2023, the projected annual revenue for VF is 12,248MM, which indicates an increase of 5.47%. The forecasted earnings per share for VF as of May 24, 2023, is 2.37.
There are currently 1273 funds or institutions reporting positions in VF. Pnc Financial Services Group holds 77,021K shares, which represents 19.82% ownership of the company. Northern Trust holds 24,894K shares, representing 6.41% ownership, while SDY – SPDR(R) S&P(R) Dividend ETF holds 17,564K shares, representing 4.52% ownership. Meanwhile, ABALX – AMERICAN BALANCED FUND holds 10,939K shares, representing 2.81% ownership, and VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 10,635K shares, representing 2.74% ownership.
VF Corporation, founded in 1899, is one of the largest apparel, footwear, and accessories companies in the world, connecting people to their favorite lifestyles, activities, and experiences through iconic outdoor, active, and workwear brands such as Vans®, The North Face®, Timberland®, and Dickies®. VF’s purpose is to promote sustainable and active lifestyles for people and the planet.
This story was originally published on Fintel.
The author’s views and opinions expressed here do not necessarily reflect those of Nasdaq, Inc.
