Restoration Hardware Holdings, Inc (RH) Receives Average Rating of “Hold” from Brokerages
Restoration Hardware Holdings, Inc (NYSE:RH) has received an average rating of “Hold” from the twenty-two brokerages that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $146.41.
A number of analysts have weighed in on the stock. Evercore ISI assumed coverage on shares of Restoration Hardware in a research note on Wednesday, March 20th. They set an “in-line” rating and a $145.00 target price on the stock. Bank of America reaffirmed an “underperform” rating and issued a $85.00 price target on shares of Restoration Hardware in a research note on Friday, March 29th. Robert W. Baird decreased their price target on shares of Restoration Hardware from $135.00 to $120.00 and set a “neutral” rating for the company in a research note on Friday, March 29th. Wells Fargo & Co reissued a “buy” rating and set a $175.00 target price on shares of Restoration Hardware in a research report on Thursday, March 21st. Finally, Zacks Investment Research downgraded shares of Restoration Hardware from a “buy” rating to a “hold” rating in a research report on Tuesday, February 12th.
Shares of RH traded down $2.33 during mid-day trading on Monday, hitting $91.88. 428,908 shares of the company’s stock were exchanged, compared to its average volume of 830,316. Restoration Hardware has a 52 week low of $93.76 and a 52 week high of $164.49. The stock has a market capitalization of $1.93 billion, a PE ratio of 10.76, a P/E/G ratio of 0.90 and a beta of 1.52. The company has a current ratio of 0.74, a quick ratio of 0.16 and a debt-to-equity ratio of 26.22.
A hedge fund recently bought a new stake in Restoration Hardware stock. Hodges Capital Management Inc. bought a new stake in Restoration Hardware Holdings, Inc (NYSE:RH) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,807 shares of the company’s stock, valued at approximately $456,000.
About Restoration Hardware
RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, tableware, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online through rh.com, restorationhardware.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com.
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