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V.F. Corp (NYSE:VFC) target dropped to $63.00, released a report earlier today by Deutsche Bank

Stating a potential upside of 0.16%, Deutsche Bank bumped down the target of V.F. Corp (NYSE:VFC) to $63.00

Just yesterday V.F. Corp (NYSE:VFC) traded 0.33% higher at $54.48. V.F. Corp’s 50-day moving average is $56.97 and its 200-day moving average is $61.42. With the last close down -11.01% relative to the two hundred day average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,492,632 shares of V.F. Corp exchanged hands, down from an average trading volume of 2,651,030

See Chart Below

V.F. Corp (NYSE:VFC)

With a total market value of $0, V.F. Corp has PE ratio of 21.62 with a one year low of $52.21 and a 52 week high of $73.81 .

In addition to Deutsche Bank reporting its target price, a total of 25 brokerages have issued a ratings update on V.F. Corp. The 12-month price target is $68.38 with 8 brokers rating the stock a strong buy, 11 analysts rating the company a buy, five analysts rating the company a hold, 1 firm rating the stock a underperform, and finally 0 equity analysts rating the company a sell.

Brief Synopsis About V.F. Corp (NYSE:VFC)

V.F. Corporation (VF) is engaged in the design, manufacturing, marketing and distribution of branded lifestyle apparel, footwear and related products. The Company's segments include Outdoor & Action Sports, Jeanswear, Imagewear, Sportswear, Contemporary Brands and Other. The Company owns a portfolio of brands in the outerwear, footwear, denim, backpack, luggage, accessory, sportswear, occupational and performance apparel categories. The Company's brands primarily include The North Face, Vans, Timberland, Wrangler, Lee Nautica, Majestic and Kipling. The Company's products are marketed to consumers shopping in specialty stores, upscale and traditional department stores, national chains, mass merchants and its own direct-to-consumer operations. Its direct-to-consumer business includes VF-operated stores, concession retail stores and e-commerce sites. The Company's brands sell products in international markets through licensees, distributors and independently-operated partnership stores.

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