Winnebago Industries Inc. (NYSE:WGO) had its price target boosted by equities research analysts at BMO Capital Markets to $33.00 in a report issued on Tuesday. BMO Capital Markets’ price target indicates a potential upside of 13.21% from the stock’s current price.
Several other equities research analysts have also commented on the stock. Robert W. Baird raised shares of Winnebago Industries from a “neutral” rating to an “outperform” rating and upped their price target for the company from $25.00 to $30.00 in a report on Monday. Zacks Investment Research lowered shares of Winnebago Industries from a “buy” rating to a “hold” rating in a report on Wednesday, August 10th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Winnebago Industries has a consensus rating of “Hold” and an average price target of $29.33.
Shares of Winnebago Industries (NYSE:WGO) traded down 0.45% during trading on Tuesday, reaching $29.02. The company had a trading volume of 441,718 shares. The company’s 50 day moving average is $23.62 and its 200-day moving average is $22.40. The stock has a market capitalization of $780.43 million, a price-to-earnings ratio of 17.80 and a beta of 2.11. Winnebago Industries has a 1-year low of $15.41 and a 1-year high of $30.60.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Lebenthal Asset Management LLC purchased a new position in shares of Winnebago Industries during the second quarter worth $4,659,000. Numeric Investors LLC increased its position in shares of Winnebago Industries by 135.4% in the second quarter. Numeric Investors LLC now owns 340,144 shares of the company’s stock worth $7,796,000 after buying an additional 195,644 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Winnebago Industries by 13.2% in the second quarter. Dimensional Fund Advisors LP now owns 1,399,492 shares of the company’s stock worth $32,076,000 after buying an additional 163,197 shares during the period. Thomson Horstmann & Bryant Inc. increased its position in shares of Winnebago Industries by 34.3% in the second quarter. Thomson Horstmann & Bryant Inc. now owns 485,707 shares of the company’s stock worth $11,132,000 after buying an additional 123,957 shares during the period. Finally, Chartwell Investment Partners LLC purchased a new position in shares of Winnebago Industries during the second quarter worth $1,878,000. 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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