Winnebago Industries, Inc. (NYSE:WGO) was downgraded by equities researchers at ValuEngine from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Monday.

Several other research firms also recently weighed in on WGO. Robert W. Baird reissued a “buy” rating on shares of Winnebago Industries in a research report on Thursday, September 28th. BidaskClub lowered shares of Winnebago Industries from a “strong-buy” rating to a “buy” rating in a report on Thursday, August 10th. Zacks Investment Research downgraded shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Wednesday, August 30th. BMO Capital Markets restated a “market perform” rating and issued a $34.00 price target (up previously from $29.00) on shares of Winnebago Industries in a research report on Thursday, June 22nd. Finally, Stifel Nicolaus started coverage on shares of Winnebago Industries in a research note on Thursday, July 6th. They issued a “buy” rating and a $40.00 price objective for the company. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company. Winnebago Industries presently has an average rating of “Buy” and an average target price of $36.60.

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

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A number of large investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC acquired a new position in shares of Winnebago Industries in the 2nd quarter valued at about $107,000. Pinebridge Investments L.P. lifted its position in shares of Winnebago Industries by 1.0% in the second quarter. Pinebridge Investments L.P. now owns 3,496 shares of the construction company’s stock worth $123,000 after purchasing an additional 35 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of Winnebago Industries by 17.6% in the second quarter. Victory Capital Management Inc. now owns 3,582 shares of the construction company’s stock worth $125,000 after purchasing an additional 536 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its position in shares of Winnebago Industries by 33.1% in the first quarter. O Shaughnessy Asset Management LLC now owns 4,689 shares of the construction company’s stock worth $137,000 after purchasing an additional 1,165 shares in the last quarter. Finally, State of Alaska Department of Revenue lifted its position in shares of Winnebago Industries by 78.6% in the second quarter. State of Alaska Department of Revenue now owns 5,233 shares of the construction company’s stock worth $183,000 after purchasing an additional 2,303 shares in the last quarter. 84.65% of the stock is currently owned by institutional investors.

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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