Northcoast Research upgraded shares of Thor Industries Inc. (NYSE:THO) from a neutral rating to a buy rating in a report released on Tuesday morning. Northcoast Research currently has $95.00 target price on the stock.

Several other analysts also recently weighed in on the stock. BMO Capital Markets downgraded shares of Thor Industries from an outperform rating to a market perform rating and dropped their target price for the stock from $72.00 to $67.00 in a research report on Wednesday, June 8th. They noted that the move was a valuation call. Wunderlich boosted their target price on shares of Thor Industries from $70.00 to $80.00 and gave the stock a buy rating in a research report on Tuesday, June 7th. Zacks Investment Research raised shares of Thor Industries from a hold rating to a buy rating and set a $84.00 target price on the stock in a research report on Wednesday, August 3rd. Wellington Shields raised shares of Thor Industries from a hold rating to a gradually accumulate rating in a research report on Monday, June 27th. Finally, SunTrust Banks Inc. raised shares of Thor Industries from a neutral rating to a buy rating and boosted their target price for the stock from $65.00 to $90.00 in a research report on Friday, July 29th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of $77.29.

Shares of Thor Industries (NYSE:THO) opened at 79.11 on Tuesday. The company has a market capitalization of $4.15 billion, a P/E ratio of 17.17 and a beta of 1.17. The stock’s 50 day moving average is $78.55 and its 200 day moving average is $67.99. Thor Industries has a 12 month low of $47.56 and a 12 month high of $83.62.

Hedge funds have recently added to or reduced their stakes in the stock. Mason Street Advisors LLC purchased a new stake in shares of Thor Industries during the second quarter worth about $1,348,000. Beacon Trust Co. purchased a new stake in shares of Thor Industries during the second quarter worth about $2,267,000. Royal Bank of Canada increased its stake in shares of Thor Industries by 53.8% in the second quarter. Royal Bank of Canada now owns 94,609 shares of the company’s stock worth $6,125,000 after buying an additional 33,088 shares during the period. Public Employees Retirement System of Ohio increased its stake in shares of Thor Industries by 0.3% in the second quarter. Public Employees Retirement System of Ohio now owns 52,798 shares of the company’s stock worth $3,418,000 after buying an additional 145 shares during the period. Finally, Sterling Capital Management LLC increased its stake in shares of Thor Industries by 2.7% in the second quarter. Sterling Capital Management LLC now owns 353,091 shares of the company’s stock worth $22,859,000 after buying an additional 9,214 shares during the period. 85.69% of the stock is currently owned by institutional investors and hedge funds.

Thor Industries Company Profile

Thor Industries, Inc (Thor), manufactures and sells various recreational vehicles (RV) throughout the United States and Canada, as well as related parts and accessories. The principal types of The Company’s towable recreational vehicles that the Company produces include conventional travel trailers and fifth wheels.

5 Day Chart for NYSE:THO

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