BMO Capital Keeps Their Hold Rating on Winnebago Industries

By Carrie Williams

BMO Capital analyst Gerrick Johnson reiterated a Hold rating on Winnebago Industries (NYSE: WGO) today and set a price target of $34. The company’s shares closed yesterday at $43.85, close to its 52-week high of $46.85.

According to, Johnson is a 4-star analyst with an average return of 11.2% and a 57.7% success rate. Johnson covers the Consumer Goods sector, focusing on stocks such as Brunswick Corporation, Activision Blizzard, and Electronic Arts.

Currently, the analyst consensus on Winnebago Industries is Moderate Buy and the average price target is $37.75, representing a -13.9% downside.

In a report issued on October 3, Stifel Nicolaus also downgraded the stock to Hold with a $44 price target.

Based on Winnebago Industries’ latest earnings report for the quarter ending May 31, the company posted quarterly revenue of $476 million and quarterly net profit of $19.39 million. In comparison, last year the company earned revenue of $263 million and had a net profit of $13.15 million.

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Winnebago Industries, Inc. engages in the design, development, manufacture, and sale of motorized and towable recreation products along with supporting products and services. It builds motorhomes, travel trailers, fifth wheel products, and transit buses. The company was founded on February 12, 1958 and is headquartered in Forest City, IA.