Wells Fargo Thinks At Home Group’s Stock is Going to Recover


In a report released yesterday, Zachary Fadem from Wells Fargo maintained a Buy rating on At Home Group (HOME), with a price target of $25. The company’s shares closed yesterday at $19.25, close to its 52-week low of $15.89.

According to TipRanks.com, Fadem is a 3-star analyst with an average return of 2.7% and a 53.6% success rate. Fadem covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Floor & Decor Holdings Inc, and Advance Auto Parts.

Currently, the analyst consensus on At Home Group is a Strong Buy with an average price target of $32.80, which is a 70.4% upside from current levels. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a $33 price target.

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Based on At Home Group’s latest earnings release for the quarter ending October 31, the company reported a quarterly net profit of $11.09 million. In comparison, last year the company had a net profit of $2.38 million.

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At Home Group, Inc. operates home decor superstores. Its products include accent furniture, bar stools, bedding and bath products, beds and mattresses, candles, Christmas decoration, consumables, Easter decorations, floor plants and trees, food preparation items, frames, garden decor, Halloween decorations, home organization, kitchenware, lamps, mirrors, patio, pet items, pillows and cushions, pottery, rugs and mats, sculptures, silk flowers, sofas, stands, storage, tables, vases, wall art, and window treatments. The company was founded in 1979 and is headquartered in Plano, TX.

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