Analyst Rating Update on Thor Industries (THO)

Thor Industries (NYSE:THO) : 1 brokerage houses believe that Thor Industries (NYSE:THO) is a Strong Buy at current levels. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Thor Industries (NYSE:THO). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 6 Wall Street Analysts endorse the stock as a Hold with a rating of 2.67.

Thor Industries (NYSE:THO) : The most positive equity analysts on Thor Industries (NYSE:THO) expects the shares to touch $80, whereas, the least positive believes that the stock will trade at $65 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $70.5 with an expected fluctuation of $6.66 from the mean.

For the current week, the company shares have a recommendation consensus of Buy.

Thor Industries (NYSE:THO): stock turned positive on Tuesday. Though the stock opened at $61.14, the bulls momentum made the stock top out at $62.2999 level for the day. The stock recorded a low of $61.07 and closed the trading day at $62.01, in the green by 2.23%. The total traded volume for the day was 812,330. The stock had closed at $60.66 in the previous days trading.

In an insider trading activity,The director officer (Exec. Chairman of the Board) of Thor Industries Inc, Orthwein Peter Busch sold 8,625 shares at $58.01 on November 30, 2015. The Insider selling transaction had a total value worth of $500,336. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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 Companys towable recreational vehicles that the Company produces include conventional travel trailers and fifth wheels. In addition, it also produces truck and folding campers and equestrian, and other specialty towable recreational vehicles, as well as Class A, Class C and Class B motorhomes. The Company operates through two segments: towable recreational vehicles and motorized recreational vehicles. The Company through its operating subsidiaries manufactures recreational vehicles in North America. The subsidiaries are Airstream, Inc., CrossRoads RV, Thor Motor Coach, Inc., Keystone RV Company, Heartland Recreational Vehicles, LLC, Livin Lite RV, Inc., Bison Coach, K.Z., Inc. and Postle Operating, LLC.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.