Thor Industries Inc (THO) Receives a Buy from SunTrust Robinson

By Jason Carr

In a report released yesterday, Michael Swartz from SunTrust Robinson reiterated a Buy rating on Thor Industries Inc (THOResearch Report), with a price target of $85. The company’s shares closed yesterday at $60.34, close to its 52-week low of $55.50.

According to TipRanks.com, Swartz is a 4-star analyst with an average return of 12.7% and a 51.3% success rate. Swartz covers the Consumer Goods sector, focusing on stocks such as Winnebago Industries, Fox Factory Holding, and Nautilus Group.

Thor Industries Inc has an analyst consensus of Strong Buy, with a price target consensus of $111.67.

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Thor Industries Inc’s market cap is currently $3.18B and has a P/E ratio of 7.41. The company has a Price to Book ratio of 1.64.

Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of THO in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Thor Industries, Inc. engages in the manufacture and sale of recreational vehicles. It operates through the following segments: Towable Recreational Vehicles, Motorized Recreational Vehicles, and Other.