Jefferies Remains a Hold on Williams-Sonoma (WSM)


Jefferies analyst Jonathan Matuszewski reiterated a Hold rating on Williams-Sonoma (WSM) on November 16 and set a price target of $57. The company’s shares closed on Friday at $53.76.

According to TipRanks.com, Matuszewski is a 1-star analyst with an average return of -9.6% and a 0.0% success rate. Matuszewski covers the Services sector, focusing on stocks such as Floor & Decor Holdings Inc, Bed Bath & Beyond, and At Home Group.

The word on The Street in general, suggests a Hold analyst consensus rating for Williams-Sonoma with a $62.18 average price target, a 15.7% upside from current levels. In a report issued on November 16, Loop Capital Markets also maintained a Hold rating on the stock with a $58 price target.

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Based on Williams-Sonoma’s latest earnings release for the quarter ending October 31, the company reported a quarterly net profit of $81.47 million. In comparison, last year the company had a net profit of $71.31 million.

Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock.

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Williams-Sonoma, Inc. engages in the provision of multi-channel specialty retailer. It operates through the E-commerce and Retail segments.

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