Thor Industries, Inc. (NYSE:THO)‘s stock had its “buy” rating reissued by investment analysts at Robert W. Baird in a research note issued on Friday. They currently have a $120.00 target price on the construction company’s stock. Robert W. Baird’s price target would suggest a potential upside of 9.39% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the company. Citigroup Inc. reiterated a “buy” rating and set a $118.00 price target (up from $111.00) on shares of Thor Industries in a research report on Friday, June 9th. Zacks Investment Research upgraded Thor Industries from a “hold” rating to a “buy” rating and set a $117.00 price target on the stock in a research report on Thursday, June 8th. Sidoti started coverage on Thor Industries in a research report on Friday, August 11th. They set a “buy” rating and a $133.00 price target on the stock. BMO Capital Markets reiterated a “hold” rating and set a $110.00 price target on shares of Thor Industries in a research report on Thursday, July 13th. Finally, Stifel Nicolaus started coverage on Thor Industries in a research report on Thursday, July 6th. They set a “hold” rating and a $110.00 price target on the stock. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and ten have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $109.39.

Shares of Thor Industries (THO) traded up 0.21% during midday trading on Friday, reaching $109.70. 469,210 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $105.78 and a 200 day moving average price of $101.06. Thor Industries has a 12 month low of $74.00 and a 12 month high of $115.74. The company has a market cap of $5.77 billion, a P/E ratio of 17.12 and a beta of 1.38.

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In other Thor Industries news, Director Alan Siegel sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 28th. The stock was sold at an average price of $109.45, for a total value of $109,450.00. Following the completion of the sale, the director now owns 4,988 shares of the company’s stock, valued at $545,936.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 6.60% of the stock is owned by corporate insiders.

A number of hedge funds have recently made changes to their positions in the business. BlackRock Inc. lifted its position in Thor Industries by 8.7% in the second quarter. BlackRock Inc. now owns 4,122,123 shares of the construction company’s stock valued at $430,843,000 after purchasing an additional 329,996 shares during the last quarter. Vanguard Group Inc. lifted its position in Thor Industries by 1.2% in the second quarter. Vanguard Group Inc. now owns 4,042,036 shares of the construction company’s stock valued at $422,474,000 after purchasing an additional 48,345 shares during the last quarter. Wells Fargo & Company MN lifted its position in Thor Industries by 7.4% in the second quarter. Wells Fargo & Company MN now owns 1,324,845 shares of the construction company’s stock valued at $138,473,000 after purchasing an additional 90,713 shares during the last quarter. State Street Corp lifted its position in Thor Industries by 5.0% in the first quarter. State Street Corp now owns 1,320,280 shares of the construction company’s stock valued at $126,925,000 after purchasing an additional 62,855 shares during the last quarter. Finally, Janus Henderson Group PLC bought a new stake in Thor Industries in the second quarter valued at approximately $128,458,000. Hedge funds and other institutional investors own 89.66% of the company’s stock.

Thor Industries Company Profile

Thor Industries, Inc manufactures a range of recreational vehicles (RVs) in the United States and sells those vehicles primarily in the United States and Canada. The Company’s segments include towable recreational vehicles, which consists of the operations of Airstream, Inc (Airstream) (towable); Heartland Recreational Vehicles, LLC (Heartland) (including Bison Coach, LLC (Bison), Cruiser RV, LLC (CRV) and DRV, LLC (DRV)); Jayco, Corp.

Analyst Recommendations for Thor Industries (NYSE:THO)

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