Williams-Sonoma (NYSE:WSM) has an average broker rating of 2.38, which is interpreted as a Buy, as rated by 21 equity analysts. Nonetheless, 8 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 11 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.
Williams-Sonoma (NYSE:WSM) : The consensus price target for Williams-Sonoma (NYSE:WSM) is $60.56 for the short term with a standard deviation of $11.18. The most optimist securities analyst among the 16 who monitor the stock believes that the stock can reach $87, however, the pessimist price target for the company is $45.
Company shares have received an average consensus rating of Hold for the current week Also, BTIG Research initiates coverage on Williams-Sonoma (NYSE:WSM). The current rating of the shares is Sell, according to the research report released by the firm. The brokerage firm announces the price target at $45 per share. The rating by the firm was issued on June 1, 2016.
Williams-Sonoma (NYSE:WSM): stock turned positive on Tuesday. Though the stock opened at $50.23, the bulls momentum made the stock top out at $51.57 level for the day. The stock recorded a low of $50.21 and closed the trading day at $51.17, in the green by 3.25%. The total traded volume for the day was 1,378,913. The stock had closed at $49.56 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Whalen Julie, officer (EVP CHIEF FINANCIAL OFFICER) of Williams Sonoma Inc, had unloaded 13,500 shares at an average price of $52.85 in a transaction dated on June 1, 2016. The total value of the transaction was worth $713,475.
Williams-Sonoma, Inc. is an e-commerce and multi-channel specialty retailer of products for the home with some brands in home furnishings. The Company operates in two segments: e-commerce and retail. The e-commerce segment has the merchandising strategies, which include Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sells its products through its e-commerce Websites and direct-mail catalogs. The retail segment has the merchandising strategies, which include Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm and Rejuvenation, which sells its products through its retail stores. The Company operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom, and franchises its brands to third-parties in various countries in the Middle East and the Philippines. The Companys products are also available to customers through its catalogs and online across the world.