Winnebago Industries Inc. (NYSE:WGO) was upgraded by Robert W. Baird from a “neutral” rating to an “outperform” rating in a research report issued on Monday. The brokerage currently has a $30.00 price objective on the stock, up from their prior price objective of $25.00. Robert W. Baird’s target price suggests a potential upside of 4.79% from the stock’s current price.
Separately, Zacks Investment Research raised Winnebago Industries from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a research note on Thursday, June 30th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $29.33.
Shares of Winnebago Industries (NYSE:WGO) opened at 28.63 on Monday. Winnebago Industries has a 52-week low of $15.41 and a 52-week high of $30.60. The company’s 50 day moving average price is $23.75 and its 200 day moving average price is $22.45. The company has a market capitalization of $769.95 million, a price-to-earnings ratio of 17.56 and a beta of 2.11.
Several large investors have recently bought and sold shares of WGO. Mount Vernon Associates Inc. MD raised its stake in Winnebago Industries by 1.1% in the second quarter. Mount Vernon Associates Inc. MD now owns 35,800 shares of the company’s stock valued at $821,000 after buying an additional 400 shares during the last quarter. Bank of Montreal Can bought a new stake in Winnebago Industries during the second quarter valued at about $1,554,000. New York State Teachers Retirement System raised its stake in Winnebago Industries by 2.6% in the second quarter. New York State Teachers Retirement System now owns 100,282 shares of the company’s stock valued at $2,298,000 after buying an additional 2,500 shares during the last quarter. Thomson Horstmann & Bryant Inc. raised its stake in Winnebago Industries by 34.3% in the second quarter. Thomson Horstmann & Bryant Inc. now owns 485,707 shares of the company’s stock valued at $11,132,000 after buying an additional 123,957 shares during the last quarter. Finally, BNP Paribas Arbitrage SA raised its stake in Winnebago Industries by 89.6% in the second quarter. BNP Paribas Arbitrage SA now owns 8,769 shares of the company’s stock valued at $201,000 after buying an additional 4,144 shares during the last quarter. 91.48% of the stock is owned by institutional investors and hedge funds.
Winnebago Industries Company Profile
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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