Winnebago Industries Inc. (NYSE:WGO) had its price target raised by BMO Capital Markets from $27.00 to $33.00 in a research note released on Tuesday morning. They currently have an outperform rating on the stock.
A number of other research analysts have also commented on the company. Robert W. Baird upgraded Winnebago Industries from a neutral rating to an outperform rating and upped their price target for the stock from $25.00 to $30.00 in a report on Monday, October 3rd. Zacks Investment Research lowered Winnebago Industries from a hold rating to a sell rating in a report on Tuesday, June 14th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Winnebago Industries currently has a consensus rating of Hold and an average price target of $29.33.
Winnebago Industries (NYSE:WGO) opened at 27.88 on Tuesday. Winnebago Industries has a one year low of $15.41 and a one year high of $30.60. The stock’s 50 day moving average is $24.18 and its 200 day moving average is $22.59. The firm has a market cap of $749.78 million, a P/E ratio of 17.10 and a beta of 2.11.
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Glenmede Trust Co. NA raised its position in shares of Winnebago Industries by 209.6% in the first quarter. Glenmede Trust Co. NA now owns 14,544 shares of the company’s stock worth $326,000 after buying an additional 9,846 shares during the last quarter. Aperio Group LLC raised its position in shares of Winnebago Industries by 56.4% in the first quarter. Aperio Group LLC now owns 18,223 shares of the company’s stock worth $409,000 after buying an additional 6,573 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. raised its position in shares of Winnebago Industries by 196.9% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 32,195 shares of the company’s stock worth $723,000 after buying an additional 21,350 shares during the last quarter. Prudential Financial Inc. raised its position in shares of Winnebago Industries by 30.9% in the first quarter. Prudential Financial Inc. now owns 82,193 shares of the company’s stock worth $1,845,000 after buying an additional 19,409 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp purchased a new position in shares of Winnebago Industries during the first quarter worth approximately $498,000. Institutional investors and hedge funds own 91.48% of the company’s stock.
About Winnebago Industries
Winnebago Industries, Inc is a manufacturer of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Company sells its products through independent dealers, primarily throughout the United States and Canada. It sells motor homes through independent dealers under the Winnebago, Itasca and Era brands names.
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