Restoration Hardware Holdings (NYSE:RH) : Zacks Investment Research ranks Restoration Hardware Holdings (NYSE:RH) as 5, which is a Strong Sell recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 12 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 16 research analysts is 2.75, which indicates as a Hold.
Restoration Hardware Holdings (NYSE:RH) stock is expected to deviate a maximum of $13.86 from the average target price of $39.27 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $70 and the most muted being $21.
Company shares have received an average consensus rating of Hold for the current week Also, In a research note released to the investors, Raymond James downgrades its rating on Restoration Hardware Holdings (NYSE:RH).The analysts at the brokerage house have a current rating of Market Perform on the shares. Earlier, the shares were rated a Strong Buy by the brokerage firm. The rating by the firm was issued on June 9, 2016.
Restoration Hardware Holdings (NYSE:RH): stock turned positive on Tuesday. Though the stock opened at $25.5, the bulls momentum made the stock top out at $26.11 level for the day. The stock recorded a low of $25.1 and closed the trading day at $25.82, in the green by 1.69%. The total traded volume for the day was 2,300,321. The stock had closed at $25.39 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Dunaj Kenneth J, officer (Chief Operating Officer) of Restoration Hardware Holdings Inc, had unloaded 23,900 shares at an average price of $103.04 in a transaction dated on November 2, 2015. The total value of the transaction was worth $2,462,656.
Restoration Hardware Holdings, Inc. (RH) is a holding company. The Company, together with its subsidiaries, is a luxury home furnishings retailer that offers various categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware and childrens furnishings. These products are sold through the Companys stores, catalogs and Websites. The Company operated a total of approximately 67 retail stores and over 17 outlet stores in approximately 29 states, the District of Columbia and Canada, and had sourcing operations in Shanghai and Hong Kong. The Companys retail stores are located primarily in upscale malls and street locations. The Company operates stores in Alabama, Arizona, California, Colorado, Connecticut, Florida, Massachusetts, Michigan, New York, Pennsylvania, Texas, Tennessee and British Columbia, among others. Its Websites, www.restorationhardware.com and www.rh.com, provide its customers to purchase its merchandise online.