In a report released today, Andy Casey from Wells Fargo maintained a Sell rating on REV Group (REVG), with a price target of $4.00. The company’s shares closed last Monday at $4.35, close to its 52-week low of $4.17.
According to TipRanks.com, Casey is a 4-star analyst with an average return of 2.3% and a 44.9% success rate. Casey covers the Industrial Goods sector, focusing on stocks such as Illinois Tool Works, Parker Hannifin, and Caterpillar.
REV Group has an analyst consensus of Moderate Sell, with a price target consensus of $6.50, a 31.8% upside from current levels. In a report issued on March 17, Morgan Stanley also maintained a Sell rating on the stock with a $6.50 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $14.99 and a one-year low of $4.17. Currently, REV Group has an average volume of 206.9K.
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is neutral 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.
REV Group, Inc. is a holding company. The firm engages in the manufacture, distribution, and design of specialty vehicles and related aftermarket parts and services. It operates through the following segments: Fire and Emergency, Commercial, Recreation, and Corporate and Other. The Fire and Emergency segment offers fire apparatus, and ambulance products. The Commercial segment involves in transit and shuttle buses, type A school buses, mobility vans, sweepers, and terminal trucks. The Recreation segment covers motorized recreational vehicle and application trailers. The Corporate and Other segment includes corporate office expenses, stock-based compensation, results of insignificant operations, intersegment eliminations, income and expenses. The company was founded in August 2010 and is headquartered in Milwaukee, WI.