Winnebago Industries Inc. (NYSE:WGO) Given Consensus Rating of “Hold” by Brokerages
Shares of Winnebago Industries Inc. (NYSE:WGO) have been assigned an average rating of “Hold” from the eight analysts that are presently covering the company. Five investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $31.50.
Several analysts have recently weighed in on the company. BMO Capital Markets lifted their price objective on Winnebago Industries from $27.00 to $33.00 and gave the stock an “outperform” rating in a report on Tuesday. Robert W. Baird raised Winnebago Industries from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $25.00 to $30.00 in a research note on Monday. Finally, Zacks Investment Research lowered Winnebago Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, August 10th.
Shares of Winnebago Industries (NYSE:WGO) traded down 3.34% on Friday, reaching $28.03. The company had a trading volume of 273,960 shares. The firm has a market cap of $753.81 million, a P/E ratio of 17.20 and a beta of 2.11. The company has a 50-day moving average price of $24.06 and a 200-day moving average price of $22.55. Winnebago Industries has a one year low of $15.41 and a one year high of $30.60.
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Several institutional investors have recently made changes to their positions in the company. BNP Paribas Arbitrage SA increased its stake in shares of Winnebago Industries by 89.6% in the second quarter. BNP Paribas Arbitrage SA now owns 8,769 shares of the company’s stock worth $201,000 after buying an additional 4,144 shares in the last quarter. Prudential Financial Inc. increased its stake 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 in the last quarter. HL Financial Services LLC increased its stake in shares of Winnebago Industries by 11.3% in the second quarter. HL Financial Services LLC now owns 89,051 shares of the company’s stock worth $2,041,000 after buying an additional 9,032 shares in the last quarter. Boston Partners increased its stake in shares of Winnebago Industries by 2.4% in the second quarter. Boston Partners now owns 225,483 shares of the company’s stock worth $5,168,000 after buying an additional 5,212 shares in the last quarter. Finally, GSA Capital Partners LLP increased its stake in shares of Winnebago Industries by 217.4% in the second quarter. GSA Capital Partners LLP now owns 40,586 shares of the company’s stock worth $930,000 after buying an additional 27,800 shares in the last quarter. Institutional investors 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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