Citi Sticks to Its Buy Rating for VF (VFC)
Citi analyst maintained a Buy rating on VF yesterday. The company’s shares closed yesterday at $19.27.
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VF has an analyst consensus of Hold, with a price target consensus of $17.19, a -10.79% downside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $21.00 price target.
Based on VF’s latest earnings release for the quarter ending September 27, the company reported a quarterly revenue of $2.8 billion and a net profit of $189.77 million. In comparison, last year the company earned a revenue of $2.76 billion and had a net profit of $52.18 million
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