Bank of America Begins Coverage on Camping World (NYSE:CWH)

Investment analysts at Bank of America started coverage on shares of Camping World (NYSE:CWH) in a research note issued on Thursday, MarketBeat.com reports. The firm set a “buy” rating and a $30.00 price target on the stock. Bank of America‘s price target would suggest a potential upside of 42.86% from the company’s previous close.

A number of other brokerages have also recently issued reports on CWH. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $24.00 target price (down previously from $25.00) on shares of Camping World in a research report on Monday, October 21st. Roth Mkm reiterated a “buy” rating and issued a $28.00 target price (up from $26.00) on shares of Camping World in a research note on Wednesday, October 30th. Monness Crespi & Hardt boosted their target price on shares of Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Truist Financial upped their price target on shares of Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a report on Friday, September 20th. Finally, Raymond James upgraded 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. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $28.00.

Camping World Stock Performance

Shares of CWH stock opened at $21.00 on Thursday. The firm has a market cap of $1.78 billion, a P/E ratio of -30.43 and a beta of 2.49. The stock’s 50-day moving average is $23.05 and its two-hundred day moving average is $21.75. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19. Camping World has a fifty-two week low of $17.29 and a fifty-two week high of $28.72.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Quest Partners LLC raised its holdings in shares of 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 purchasing an additional 1,299 shares during the period. Point72 DIFC Ltd bought a new position in shares of Camping World in the second quarter worth $50,000. Truvestments Capital LLC acquired a new position in shares of Camping World in the 3rd quarter valued at approximately $165,000. nVerses Capital LLC bought a new stake in Camping World during the third quarter worth $191,000. Finally, Telos Capital Management Inc. acquired a new stake in Camping World in the second quarter valued at about $196,000. Institutional investors and hedge funds own 52.54% of the company’s stock.

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.