V.F. Corp (NYSE: VFC) stock enjoyed a major increase of 27.0% on 10/29/24. The shares closed at $21.63. Moreover, trading volume in this advance was exceptionally high at 420% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 19.0% during the last week.
Current PriceTarget Research Rating
VFC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
V.F. has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. V.F. has a poor Appreciation Score of 15 but a good Power Rating of 73, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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