Based on the lastest quarterly filings, institutions continue to be large stakeholders in REV Group, Inc. (:REVG). The big banks are holding 99.30% of the shares while company insiders are clinging to 5.40%. Shares of REV Group, Inc. are currently valued at $6.15 with a furture target price of $8.39 according to research brokerages.
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REV Group, Inc. (:REVG)’s stock has been a favorite of “smart money” aka institutions, as of late. Institutions are currently holders of 99.30% of the shares. On the other hand, company insiders are holding 5.40%. REV Group, Inc.’s stock price currently sits at $6.15.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, REV Group, Inc. (:REVG)’s stock was -49.71%. Over the last week of the month, it was -4.80%, 62.70% over the last quarter, and -51.23% for the past six months.
Over the past 50 days, REV Group, Inc. stock was -29.31% off of the high and 61.84% removed from the low. Their 52-Week High and Low are noted here. -58.97% (High), 75.71%, (Low).
REV Group, Inc. (:REVG)’s RSI (Relative Strength Index) is 47.97. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.
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Another important element to consider is the price target and recommendations from brokerage firm analysts. On a consensus basis the Street sees the stock heading to 8.39 in the near term. Based on a 1 to 5 integer scale, analysts have a 3.00 recommendation on the name.