Truist Financial Lowers Camping World (NYSE:CWH) Price Target to $26.00

Camping World (NYSE:CWH) had its target price cut by investment analysts at Truist Financial from $28.00 to $26.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s price objective would suggest a potential upside of 19.65% from the stock’s current price.

Several other research firms have also recently weighed in on CWH. StockNews.com raised shares of Camping World from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $24.00 price objective (down from $25.00) on shares of Camping World in a research report on Monday, October 21st. Raymond James raised shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 target price for the company in a research note on Wednesday, October 30th. KeyCorp increased their price objective on shares of Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Finally, Roth Mkm restated a “buy” rating and set a $28.00 price target (up from $26.00) on shares of Camping World in a research note on Wednesday, October 30th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Camping World currently has a consensus rating of “Moderate Buy” and an average target price of $27.78.

Camping World Trading Up 1.1 %

NYSE:CWH traded up $0.24 during trading hours on Tuesday, hitting $21.73. The company had a trading volume of 197,379 shares, compared to its average volume of 956,729. Camping World has a 1 year low of $17.29 and a 1 year high of $28.72. The company has a market cap of $1.85 billion, a P/E ratio of -31.49 and a beta of 2.49. The company has a 50-day moving average of $22.70 and a 200 day moving average of $21.93. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67.

Institutional Investors Weigh In On Camping World

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Bank of New York Mellon Corp raised its stake in Camping World by 6.9% in the second quarter. Bank of New York Mellon Corp now owns 336,682 shares of the company’s stock valued at $6,013,000 after buying an additional 21,842 shares in the last quarter. Rhumbline Advisers lifted its stake in Camping World by 5.3% during the second quarter. Rhumbline Advisers now owns 61,138 shares of the company’s stock worth $1,092,000 after purchasing an additional 3,099 shares during the last quarter. American Century Companies Inc. boosted its holdings in Camping World by 15.8% in the second quarter. American Century Companies Inc. now owns 66,157 shares of the company’s stock valued at $1,182,000 after purchasing an additional 9,003 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Camping World by 20.3% in the second quarter. Dimensional Fund Advisors LP now owns 718,578 shares of the company’s stock valued at $12,834,000 after purchasing an additional 121,022 shares during the last quarter. Finally, Moors & Cabot Inc. raised its holdings in Camping World by 2.9% during the second quarter. Moors & Cabot Inc. now owns 19,065 shares of the company’s stock worth $340,000 after purchasing an additional 531 shares in the last quarter. 52.54% of the stock is currently owned by institutional investors and hedge funds.

About Camping World

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.