Winnebago Industries, Inc. (NYSE:WGO)‘s stock had its “hold” rating restated by equities research analysts at BMO Capital Markets in a research note issued on Friday. They currently have a $34.00 target price on the construction company’s stock. BMO Capital Markets’ target price points to a potential downside of 22.46% from the company’s previous close.

Other analysts have also issued reports about the stock. BidaskClub lowered shares of Winnebago Industries from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 12th. Stifel Nicolaus started coverage on shares of Winnebago Industries in a research note on Thursday, July 6th. They issued a “buy” rating and a $40.00 price target for the company. ValuEngine lowered shares of Winnebago Industries from a “strong-buy” rating to a “buy” rating in a research note on Monday, October 2nd. Robert W. Baird reiterated a “buy” rating on shares of Winnebago Industries in a research note on Thursday, September 28th. Finally, Zacks Investment Research lowered shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Wednesday, August 30th. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $40.60.

Winnebago Industries (NYSE:WGO) opened at 43.85 on Friday. Winnebago Industries has a 52-week low of $24.15 and a 52-week high of $46.85. The stock’s 50 day moving average is $40.36 and its 200-day moving average is $33.04. The company has a market capitalization of $1.39 billion, a P/E ratio of 21.90 and a beta of 1.99.

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A number of hedge funds and other institutional investors have recently made changes to their positions in WGO. BlackRock Inc. grew its position in Winnebago Industries by 170,889.1% during the first quarter. BlackRock Inc. now owns 3,216,305 shares of the construction company’s stock valued at $94,078,000 after buying an additional 3,214,424 shares during the period. Goldman Sachs Group Inc. grew its position in Winnebago Industries by 690.4% during the first quarter. Goldman Sachs Group Inc. now owns 477,183 shares of the construction company’s stock valued at $13,958,000 after buying an additional 416,813 shares during the period. Rice Hall James & Associates LLC bought a new stake in Winnebago Industries during the second quarter valued at approximately $13,413,000. Walthausen & Co. LLC grew its position in Winnebago Industries by 62.3% during the second quarter. Walthausen & Co. LLC now owns 597,839 shares of the construction company’s stock valued at $20,924,000 after buying an additional 229,451 shares during the period. Finally, Olstein Capital Management L.P. bought a new stake in Winnebago Industries during the second quarter valued at approximately $6,207,000. Institutional investors own 84.67% 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 designs, develops, manufactures and markets motorized and towable recreation products along with supporting products and services. Its other products manufactured by the Company consist of original equipment manufacturer (OEM) parts, including extruded aluminum and other component products for other manufacturers and commercial vehicles.

Analyst Recommendations for Winnebago Industries (NYSE:WGO)

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