Winnebago Industries Inc. (WGO) Upgraded to “Outperform” by Robert W. Baird
Winnebago Industries Inc. (NYSE:WGO) was upgraded by stock analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating in a report released on Monday. The brokerage presently has a $30.00 price objective on the stock, up from their prior price objective of $25.00. Robert W. Baird’s target price would suggest a potential upside of 27.28% from the company’s previous close.
Separately, Zacks Investment Research downgraded shares of Winnebago Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, August 10th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Winnebago Industries presently has a consensus rating of “Hold” and an average target price of $27.50.
Shares of Winnebago Industries (NYSE:WGO) opened at 23.57 on Monday. Winnebago Industries has a one year low of $15.41 and a one year high of $24.44. The company has a market cap of $633.87 million, a PE ratio of 14.46 and a beta of 2.11. The firm’s 50-day moving average is $23.45 and its 200-day moving average is $22.32.
Several large investors have recently bought and sold shares of the stock. BNP Paribas Arbitrage SA boosted 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 worth $201,000 after buying an additional 4,144 shares during the last quarter. Prudential Financial Inc. boosted 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 valued at $1,845,000 after buying an additional 19,409 shares in the last quarter. HL Financial Services LLC boosted 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 valued at $2,041,000 after buying an additional 9,032 shares in the last quarter. Boston Partners boosted 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 valued at $5,168,000 after buying an additional 5,212 shares in the last quarter. Finally, GSA Capital Partners LLP boosted 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 valued at $930,000 after buying an additional 27,800 shares in the last quarter. Hedge funds and other institutional investors own 91.48% of the company’s stock.
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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