In a recent analysis, Truist has revised its price target for LCI Industries (LCII, Financial), reducing it from $108 to $80. The firm maintains a Hold rating on the stock, assessing its position within the broader Leisure Products and Recreational Vehicles sectors.
The analyst highlights prevailing uncertainties such as tariffs and macroeconomic factors that could perpetuate volatility in the Recreation & Leisure market. Despite a notable selloff that appears to have accounted for potential tariff challenges, the firm cautions investors about the possibility of further declines.
Truist anticipates that in the event of a more severe downturn in consumer spending, the sector could face additional pressures, with potential stock declines of 20%-30%. This outlook suggests cautious engagement for investors monitoring the space for future developments.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for LCI Industries Inc (LCII, Financial) is $118.00 with a high estimate of $145.00 and a low estimate of $100.00. The average target implies an upside of 52.40% from the current price of $77.43. More detailed estimate data can be found on the LCI Industries Inc (LCII) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, LCI Industries Inc's (LCII, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for LCI Industries Inc (LCII, Financial) in one year is $107.29, suggesting a upside of 38.56% from the current price of $77.43. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the LCI Industries Inc (LCII) Summary page.
