RH (RH) Receives a Hold from Raymond James
In a report released yesterday, Bobby Griffin from Raymond James reiterated a Hold rating on RH (RH). The company’s shares closed last Wednesday at $467.83, close to its 52-week high of $471.47.
According to TipRanks.com, Griffin is a 5-star analyst with an average return of 27.2% and a 73.1% success rate. Griffin covers the Consumer Goods sector, focusing on stocks such as Bed Bath & Beyond, Leggett & Platt, and Casey’s General.
RH has an analyst consensus of Moderate Buy, with a price target consensus of $486.88, a 1.1% upside from current levels. In a report released today, Goldman Sachs also maintained a Hold rating on the stock with a $458.00 price target.
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The company has a one-year high of $471.47 and a one-year low of $73.14. Currently, RH has an average volume of 671.8K.
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RH operates as a holding company which operates the business through its subsidiary Restoration Hardware, Inc. It offers furniture, lighting, textiles, bathware, decor, outdoor and garden, as well as baby and child products. The company operates an integrated business with multiple channels of distribution including galleries, source books and websites. The company was founded by Stephen J. Gordon in 1980 and is headquartered in Corte Madera, CA.
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