Citigroup Raises Price Target to $116 for Thor Industries

Citigroup has raised its price target for Thor Industries (THO) to $116, a 7.41% increase from the previous target of $108. The analyst maintains a Neutral rating on the stock, listed under the ticker THO. The company manufactures motorhomes, travel trailers, and fifth-wheel towables across 35 brands, with an expanded geographic footprint through the acquisition of Erwin Hymer in 2019. The average target price for THO is $106.73, with a high estimate of $123.00 and a low estimate of $79.00. The average target implies a 6.67% downside from the current price of $114.35.