Barclays Sticks to Its Buy Rating for Skyline Champion Corporation (SKY)


Barclays analyst Matthew Bouley maintained a Buy rating on Skyline Champion Corporation (SKY) yesterday and set a price target of $28. The company’s shares closed yesterday at $24.95.

According to TipRanks.com, Bouley is a 3-star analyst with an average return of 4.9% and a 56.5% success rate. Bouley covers the Industrial Goods sector, focusing on stocks such as Continental Building Products, Builders Firstsource, and BMC Stock Holdings.

Skyline Champion Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $28, representing a 12.2% upside. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a $28 price target.

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The company has a one-year high of $35.65 and a one-year low of $12.72. Currently, Skyline Champion Corporation has an average volume of 612.3K.

Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Skyline Champion Corp. engages in the manufacture and retail of mobile homes and other manufactured housing. It builds homes under the following brands: Skyline Homes, Champion Home Builders, Athens Park Model RVs, Dutch Housing, Excel Homes, Homes of Merit, New Era, Redman Homes, Shore Park, Silvercrest, Titan Homes in the U.S. and Moduline and SRI Homes in western Canada. The company was founded on June 1, 2018 and is headquartered in Elkhart, IN.

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