Winnebago Industries, Inc. (NYSE:WGO) was downgraded by stock analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday. They presently have a $44.00 price target on the construction company’s stock. Stifel Nicolaus’ price objective indicates a potential downside of 4.86% from the company’s previous close. The analysts noted that the move was a valuation call.

A number of other research firms also recently commented on WGO. BMO Capital Markets reiterated a “market perform” rating and issued a $34.00 target price (up from $29.00) on shares of Winnebago Industries in a report on Thursday, June 22nd. BidaskClub upgraded shares of Winnebago Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 1st. Zacks Investment Research lowered shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Wednesday, August 30th. ValuEngine raised Winnebago Industries from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of Winnebago Industries in a report on Thursday, September 28th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the stock. Winnebago Industries has a consensus rating of “Buy” and a consensus price target of $36.60.

Shares of Winnebago Industries (NYSE WGO) opened at 46.25 on Tuesday. Winnebago Industries has a 12-month low of $24.15 and a 12-month high of $46.85. The firm has a market cap of $1.46 billion, a PE ratio of 23.10 and a beta of 1.99. The company has a 50 day moving average price of $38.57 and a 200-day moving average price of $32.37.

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A number of hedge funds and other institutional investors have recently bought and sold shares of WGO. SG Americas Securities LLC acquired a new stake in Winnebago Industries during the 2nd quarter valued at $107,000. Pinebridge Investments L.P. boosted its position in Winnebago Industries by 1.0% during the 2nd quarter. Pinebridge Investments L.P. now owns 3,496 shares of the construction company’s stock worth $123,000 after acquiring an additional 35 shares during the period. Victory Capital Management Inc. grew its stake in Winnebago Industries by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 3,582 shares of the construction company’s stock valued at $125,000 after acquiring an additional 536 shares in the last quarter. O Shaughnessy Asset Management LLC grew its stake in Winnebago Industries by 33.1% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 4,689 shares of the construction company’s stock valued at $137,000 after acquiring an additional 1,165 shares in the last quarter. Finally, Mason Street Advisors LLC grew its stake in Winnebago Industries by 7.3% during the 1st quarter. Mason Street Advisors LLC now owns 6,204 shares of the construction company’s stock valued at $181,000 after acquiring an additional 424 shares in the last quarter. Hedge funds and other institutional investors own 84.65% 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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