Thor Industries Inc. (THO) Sets New 52-Week High at $82.10
Thor Industries Inc. (NYSE:THO) shares reached a new 52-week high during trading on Monday . The company traded as high as $82.10 and last traded at $81.88, with a volume of 272,900 shares trading hands. The stock had previously closed at $81.07.
THO has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of Thor Industries from a “hold” rating to a “buy” rating and set a $84.00 price objective on the stock in a research note on Wednesday, August 3rd. Wunderlich raised their target price on shares of Thor Industries from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, June 7th. SunTrust Banks Inc. upgraded shares of Thor Industries from a “neutral” rating to a “buy” rating and raised their target price for the stock from $65.00 to $90.00 in a report on Friday, July 29th. Wellington Shields upgraded shares of Thor Industries from a “hold” rating to a “gradually accumulate” rating in a report on Monday, June 27th. Finally, BMO Capital Markets cut shares of Thor Industries from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from $72.00 to $67.00 in a report on Wednesday, June 8th. They noted that the move was a valuation call. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $74.33.
The stock has a market capitalization of $4.30 billion and a PE ratio of 17.77. The company has a 50-day moving average price of $77.28 and a 200-day moving average price of $66.45.
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.
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