Reaffirmed: REV Group (REVG) “Outperform” Rating Kept by Credit Suisse; $16 Target in Place

September 8, 2018 - By Vernon Prom

REV Group (REVG) Rating Reaffirmed

REV Group (REVG) just had their share rating of a ‘”Outperform”‘ issued by research analysts at Credit Suisse, who now has a $16 target on the $882.20M market cap company or a 14.61 % upside potential. This key information was revealed to investors in a research report on Friday morning.

REV Group, Inc. (NYSE:REVG) Ratings Coverage

Among 9 analysts covering REV Group Inc (REVG), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. REV Group Inc has $32 highest and $16 lowest target. $22.67’s average target is 62.39% above currents $13.96 stock price. REV Group Inc had 15 analyst reports since March 9, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Friday, April 13 by Robert W. Baird. The stock has “Buy” rating by Stifel Nicolaus on Friday, September 7. The stock has “Buy” rating by Jefferies on Tuesday, April 17. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, May 7 report. As per Friday, June 8, the company rating was maintained by Morgan Stanley. The stock of REV Group, Inc. (NYSE:REVG) has “Hold” rating given on Friday, March 9 by Wells Fargo. The firm has “Buy” rating by Stifel Nicolaus given on Friday, June 8. The firm has “Buy” rating by SunTrust given on Friday, March 9. The firm earned “Equal-Weight” rating on Monday, March 12 by Morgan Stanley. The stock of REV Group, Inc. (NYSE:REVG) earned “Buy” rating by Credit Suisse on Monday, June 11.

The stock increased 1.01% or $0.14 during the last trading session, reaching $13.96. About 1.17 million shares traded or 70.89% up from the average. REV Group, Inc. (REVG) has declined 36.17% since September 8, 2017 and is downtrending. It has underperformed by 48.74% the S&P500.

REV Group, Inc. designs, manufactures, and distributes specialty vehicles in the United States, Canada, Europe, Africa, the Middle East, and internationally. The company has market cap of $882.20 million. It operates through three divisions: Fire & Emergency, Commercial, and Recreation. It has a 15.97 P/E ratio. The Fire & Emergency segment offers a range of fire apparatus and ambulance products for municipal fire departments, EMS providers, and private fleets through dealers.

More news for REV Group, Inc. (NYSE:REVG) were recently published by: Nasdaq.com, which released: “Mid-Morning Market Update: Markets Mixed; Navistar Profit Tops Estimates” on September 06, 2018. Seekingalpha.com‘s article titled: “Caterpillar, AGCO rated Buy at Deutsche Bank after machinery sector selloff” and published on September 05, 2018 is yet another important article.

REV Group, Inc. (NYSE:REVG) Ratings Chart

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