Oppenheimer Believes Williams-Sonoma (WSM) Still Has Room to Grow


In a report released today, Brian Nagel from Oppenheimer assigned a Buy rating to Williams-Sonoma (WSM), with a price target of $115.00. The company’s shares closed last Thursday at $101.04, close to its 52-week high of $107.09.

According to TipRanks.com, Nagel is a top 25 analyst with an average return of 28.1% and a 78.2% success rate. Nagel covers the Consumer Goods sector, focusing on stocks such as Dick’s Sporting Goods, Lululemon Athletica, and The Lovesac Company.

Williams-Sonoma has an analyst consensus of Moderate Buy, with a price target consensus of $104.50, representing a 6.3% upside. In a report issued on November 12, Gordon Haskett Capital Corporation also maintained a Buy rating on the stock with a $106.00 price target.

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Williams-Sonoma’s market cap is currently $7.86B and has a P/E ratio of 18.70. The company has a Price to Book ratio of 6.06.

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Williams-Sonoma, Inc. engages in the business of retailing home products. It operates through the E-commerce and Retail segment. The E-commerce segment comprises of the following merchandising strategies: Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation, and Mark and Graham, which markets its products through its e-commerce websites, and direct-mail catalogs. The Retail segment includes franchise operations, which sell its products through its retail stores. The company was founded by Charles E. Williams on September 15, 1956 and is headquartered in San Francisco, CA.

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