Restoration Hardware Holdings Inc. (NYSE:RH) had its price objective raised by equities researchers at Piper Jaffray Companies from $43.00 to $71.00 in a report released on Thursday. The brokerage currently has a “neutral” rating on the stock. Piper Jaffray Companies’ target price would suggest a potential upside of 0.50% from the stock’s current price.

A number of other research firms have also weighed in on RH. Deutsche Bank AG lowered shares of Restoration Hardware Holdings from a “buy” rating to a “hold” rating and set a $80.00 target price on the stock. in a report on Friday, July 21st. BidaskClub lowered shares of Restoration Hardware Holdings from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. Citigroup Inc. lowered shares of Restoration Hardware Holdings from a “buy” rating to a “neutral” rating and upped their target price for the stock from $63.00 to $76.00 in a report on Monday, July 24th. Cowen and Company reaffirmed a “market perform” rating and set a $61.00 target price (up previously from $44.00) on shares of Restoration Hardware Holdings in a report on Thursday. Finally, KeyCorp lowered shares of Restoration Hardware Holdings to an “overweight” rating and set a $65.86 target price on the stock. in a report on Friday, July 14th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $59.55.

Shares of Restoration Hardware Holdings (NYSE:RH) opened at 70.65 on Thursday. The firm has a market cap of $2.34 billion, a price-to-earnings ratio of 184.95 and a beta of 1.53. The company’s 50 day moving average is $56.88 and its 200 day moving average is $51.47. Restoration Hardware Holdings has a 52-week low of $24.41 and a 52-week high of $79.91. Restoration Hardware Holdings also was the target of unusually large options trading activity on Thursday. Traders acquired 15,757 put options on the company. This is an increase of approximately 342% compared to the typical daily volume of 3,563 put options.

Restoration Hardware Holdings (NYSE:RH) last posted its earnings results on Wednesday, September 6th. The company reported $0.65 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.18. The firm had revenue of $615.30 million for the quarter, compared to the consensus estimate of $606.38 million. The business’s revenue was up 13.2% on a year-over-year basis. During the same period last year, the company posted $0.44 EPS. Analysts anticipate that Restoration Hardware Holdings will post $2.50 earnings per share for the current year.

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Institutional investors have recently made changes to their positions in the company. Teton Advisors Inc. boosted its stake in shares of Restoration Hardware Holdings by 43.5% in the 1st quarter. Teton Advisors Inc. now owns 15,500 shares of the company’s stock valued at $717,000 after purchasing an additional 4,700 shares in the last quarter. Nomura Holdings Inc. purchased a new stake in shares of Restoration Hardware Holdings in the 1st quarter valued at $1,879,000. Vanguard Group Inc. boosted its stake in shares of Restoration Hardware Holdings by 14.5% in the 1st quarter. Vanguard Group Inc. now owns 3,352,950 shares of the company’s stock valued at $155,107,000 after purchasing an additional 423,925 shares in the last quarter. Chescapmanager LLC purchased a new stake in shares of Restoration Hardware Holdings in the 1st quarter valued at $13,230,000. Finally, Amalgamated Bank purchased a new stake in shares of Restoration Hardware Holdings in the 1st quarter valued at $242,000. 95.53% of the stock is owned by institutional investors.

About Restoration Hardware Holdings

RH, formerly Restoration Hardware Holdings, Inc, is a retailer in the home furnishings marketplace. As of January 28, 2017, the Company had two segments: RH Segment and Waterworks. It offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings.

Analyst Recommendations for Restoration Hardware Holdings (NYSE:RH)

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