Camping World (NYSE:CWH) Stock Price Expected to Rise, Truist Financial Analyst Says

Camping World (NYSE:CWH) had its price target raised by stock analysts at Truist Financial from $26.00 to $28.00 in a research report issued on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. Truist Financial’s target price indicates a potential upside of 16.45% from the stock’s current price.

A number of other equities analysts have also recently commented on the company. Bank of America assumed coverage on Camping World in a research note on Thursday, December 19th. They issued a “buy” rating and a $30.00 price target on the stock. KeyCorp upped their price target on shares of Camping World from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. Raymond James raised shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price target on the stock in a report on Wednesday, October 30th. Roth Mkm reaffirmed a “buy” rating and set a $28.00 price objective (up from $26.00) on shares of Camping World in a research note on Wednesday, October 30th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $24.00 target price (down from $25.00) on shares of Camping World in a research note on Monday, October 21st. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $27.71.

Camping World Stock Up 3.4 %

Shares of NYSE:CWH opened at $24.05 on Monday. Camping World has a 12-month low of $17.29 and a 12-month high of $28.72. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. The stock’s 50-day moving average price is $22.41 and its 200-day moving average price is $22.48. The stock has a market capitalization of $2.04 billion, a P/E ratio of -34.85, a price-to-earnings-growth ratio of 1.00 and a beta of 2.49.

Institutional Trading of Camping World

Institutional investors and hedge funds have recently modified their holdings of the business. The Manufacturers Life Insurance Company boosted its position in shares of Camping World by 7.0% during the second quarter. The Manufacturers Life Insurance Company now owns 22,872 shares of the company’s stock valued at $408,000 after buying an additional 1,491 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of Camping World during the 3rd quarter valued at about $318,000. Handelsbanken Fonder AB bought a new stake in shares of Camping World in the third quarter worth approximately $240,000. Creative Planning raised its holdings in shares of Camping World by 8.7% during the third quarter. Creative Planning now owns 11,133 shares of the company’s stock valued at $270,000 after purchasing an additional 892 shares during the last quarter. Finally, nVerses Capital LLC bought a new position in Camping World during the third quarter valued at approximately $191,000. Institutional investors own 52.54% of the company’s stock.

Camping World Company Profile

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.