Truist Financial Has Lowered Expectations for Camping World (NYSE:CWH) Stock Price

Camping World (NYSE:CWH) had its price target dropped by equities research analysts at Truist Financial from $28.00 to $26.00 in a report issued on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Truist Financial’s price objective would suggest a potential upside of 17.33% from the stock’s previous close.

CWH has been the subject of a number of other research reports. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $24.00 price objective (down previously from $25.00) on shares of Camping World in a report on Monday, October 21st. Raymond James upgraded 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 research report on Wednesday, October 30th. StockNews.com upgraded shares of Camping World from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Monness Crespi & Hardt increased their price target on Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Finally, KeyCorp increased their price objective on Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $27.78.

Camping World Trading Up 4.0 %

Shares of CWH opened at $22.16 on Tuesday. The stock’s fifty day simple moving average is $22.67 and its 200-day simple moving average is $21.95. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. The firm has a market capitalization of $1.88 billion, a PE ratio of -32.12 and a beta of 2.49. Camping World has a 12-month low of $17.29 and a 12-month high of $28.72.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Moors & Cabot Inc. increased its holdings in shares of Camping World by 2.9% in the second quarter. Moors & Cabot Inc. now owns 19,065 shares of the company’s stock valued at $340,000 after purchasing an additional 531 shares during the last quarter. Creative Planning boosted its holdings in shares of Camping World by 8.7% during the 3rd quarter. Creative Planning now owns 11,133 shares of the company’s stock worth $270,000 after buying an additional 892 shares during the period. Verdence Capital Advisors LLC grew its stake in Camping World by 1.6% in the 3rd quarter. Verdence Capital Advisors LLC now owns 62,603 shares of the company’s stock valued at $1,516,000 after buying an additional 965 shares during the last quarter. Quest Partners LLC raised its holdings in Camping World by 5,647.8% in the 3rd quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock valued at $32,000 after acquiring an additional 1,299 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its position in Camping World by 7.0% during the second quarter. The Manufacturers Life Insurance Company now owns 22,872 shares of the company’s stock worth $408,000 after acquiring an additional 1,491 shares during the last quarter. 52.54% of the stock is 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.