In a report issued on December 7, Gerrick Johnson from BMO Capital reiterated a Buy rating on Thor Industries Inc (THO), with a price target of $78. The company’s shares closed on Friday at $61.72, close to its 52-week low of $55.50.
According to TipRanks.com, Johnson is a 4-star analyst with an average return of 5.5% and a 48.6% success rate. Johnson covers the Consumer Goods sector, focusing on stocks such as Winnebago Industries, Electronic Arts, and Harley-Davidson.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Thor Industries Inc with a $86 average price target, representing a 39.3% upside. In a report issued on November 27, SunTrust Robinson also reiterated a Buy rating on the stock with a $90 price target.
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Thor Industries Inc’s market cap is currently $3.26B and has a P/E ratio of 10.33. The company has a Price to Book ratio of 1.69.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of THO in relation to earlier this year.
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Thor Industries, Inc. engages in the manufacture and sale of recreational vehicles. It operates through the following segments: Towable Recreational Vehicles, Motorized Recreational Vehicles, and Other.
