Wayfair Inc (W) Gets a Sell Rating from Berenberg Bank

In a report released yesterday, Graham Renwick from Berenberg Bank maintained a Sell rating on Wayfair Inc (W), with a price target of $100. The company’s shares closed last Monday at $128.67.

According to TipRanks.com, Renwick is ranked #2672 out of 5552 analysts.

Currently, the analyst consensus on Wayfair Inc is a Moderate Buy with an average price target of $153.58.

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The company has a one-year high of $173.72 and a one-year low of $76.60. Currently, Wayfair Inc has an average volume of 1.86M.

Based on the recent corporate insider activity of 231 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 W in relation to earlier this year.

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Wayfair, Inc. engages in an online home furnishing store. It offers a selection of home furnishings and decor across all styles and price points. It operates through the U.S. and International segments.