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RBC Capital Sticks to Its Hold Rating for Skyline Champion (SKY)
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RBC Capital Sticks to Its Hold Rating for Skyline Champion (SKY)

In a report released on January 12, Michael Dahl from RBC Capital maintained a Hold rating on Skyline Champion (SKYResearch Report), with a price target of $69.00. The company’s shares closed last Friday at $68.18.

According to TipRanks, Dahl is a 4-star analyst with an average return of 5.4% and a 56.73% success rate. Dahl covers the Consumer Cyclical sector, focusing on stocks such as DR Horton, Lennar, and Mohawk.

The word on The Street in general, suggests a Hold analyst consensus rating for Skyline Champion with a $70.40 average price target.

See the top stocks recommended by analysts >>

The company has a one-year high of $77.75 and a one-year low of $52.12. Currently, Skyline Champion has an average volume of 379.8K.

Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SKY in relation to earlier this year. Last month, Keith A. Anderson, a Director at SKY sold 18,750.00 shares for a total of $1,368,750.00.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Skyline Champion (SKY) Company Description:

Skyline Champion Corp. engages in the manufacture and retail of mobile homes and other manufactured housing. It builds homes under the following brands: Skyline Homes, Champion Home Builders, Athens Park Model RVs, Dutch Housing, Excel Homes, Homes of Merit, New Era, Redman Homes, Shore Park, Silvercrest, Titan Homes in the U.S. and Moduline and SRI Homes in western Canada. The company was founded on June 1, 2018 and is headquartered in Elkhart, IN.

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