Equities research analysts at Aegis initiated coverage on shares of Thor Industries, Inc. (NYSE:THO) in a report issued on Monday. The firm set a “hold” rating and a $113.00 price target on the construction company’s stock. Aegis’ target price would indicate a potential upside of 2.03% from the stock’s current price.

A number of other research firms have also recently commented on THO. Stifel Nicolaus reiterated a “hold” rating on shares of Thor Industries in a research note on Wednesday, August 16th. BidaskClub upgraded Thor Industries from a “sell” rating to a “hold” rating in a research note on Friday, August 4th. Zacks Investment Research upgraded Thor Industries from a “hold” rating to a “buy” rating and set a $122.00 target price on the stock in a research note on Wednesday, August 30th. Citigroup Inc. reiterated a “buy” rating and set a $118.00 target price (up from $111.00) on shares of Thor Industries in a research note on Friday, June 9th. Finally, BMO Capital Markets reiterated a “hold” rating and set a $110.00 target price on shares of Thor Industries in a research note on Thursday, July 13th. One research analyst has rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $109.67.

Thor Industries (NYSE THO) opened at 110.75 on Monday. The firm has a 50 day moving average of $105.94 and a 200 day moving average of $100.91. Thor Industries has a 12-month low of $74.00 and a 12-month high of $115.74. The firm has a market capitalization of $5.82 billion, a P/E ratio of 17.28 and a beta of 1.38.

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In related news, Director Alan Siegel sold 1,000 shares of the business’s stock in a transaction dated Wednesday, June 28th. The stock was sold at an average price of $109.45, for a total value of $109,450.00. Following the sale, the director now directly owns 4,988 shares in the company, valued at approximately $545,936.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 6.60% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the stock. World Asset Management Inc raised its stake in Thor Industries by 0.8% in the 2nd quarter. World Asset Management Inc now owns 3,751 shares of the construction company’s stock valued at $392,000 after acquiring an additional 29 shares during the period. FMR LLC raised its stake in Thor Industries by 0.4% in the 2nd quarter. FMR LLC now owns 8,046 shares of the construction company’s stock valued at $841,000 after acquiring an additional 30 shares during the period. Somerset Trust Co raised its stake in Thor Industries by 0.8% in the 2nd quarter. Somerset Trust Co now owns 6,697 shares of the construction company’s stock valued at $700,000 after acquiring an additional 56 shares during the period. Bbva Compass Bancshares Inc. raised its stake in Thor Industries by 0.6% in the 2nd quarter. Bbva Compass Bancshares Inc. now owns 14,956 shares of the construction company’s stock valued at $1,564,000 after acquiring an additional 82 shares during the period. Finally, State Treasurer State of Michigan raised its stake in Thor Industries by 0.5% in the 1st quarter. State Treasurer State of Michigan now owns 19,400 shares of the construction company’s stock valued at $1,865,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds 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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