Camping World (CWH) Shuts Greenville Store Amid Flag Dispute

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2 days ago
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Key Highlights:

  • Camping World Holdings (CWH, Financial) faces a tough decision after closing its Greenville store over a flag controversy.
  • Analysts forecast a significant upside for CWH, implying potential growth from its current stock price.
  • Brokerage recommendations suggest CWH is currently an "Outperform" investment.

Camping World Holdings (CWH) has recently made headlines by shutting down its Greenville, North Carolina location, citing a dispute with city officials over the display of a larger-than-permitted U.S. flag. CEO Marcus Lemonis has been consistently receiving fines since January but remains defiant in maintaining the flag, which does not comply with local size regulations.

Wall Street Analyst Forecasts

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According to evaluations from 12 analysts, the projected one-year price target for Camping World Holdings Inc (CWH, Financial) averages at $24.25, with a high projection of $35.00 and a low of $16.00. This average price target suggests a potential upside of 76.36% from the current trading value of $13.75. For further insights, consult the Camping World Holdings Inc (CWH) Forecast page.

The consensus recommendation from these brokerage firms positions Camping World Holdings Inc (CWH, Financial) with an average recommendation of 1.9, indicating an "Outperform" status. This scale operates from 1 to 5, with 1 denoting a Strong Buy and 5 a Sell.

According to GuruFocus estimates, the prospective GF Value for Camping World Holdings Inc (CWH, Financial) within a year is $21.06, which suggests a upside of 53.16% from its current price of $13.75. The GF Value is GuruFocus' calculated fair value, derived from historical trading multiples and predictions of both past business growth and future business performance. For a more detailed examination, visit the Camping World Holdings Inc (CWH) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.