Restoration Hardware Holdings (RH) : 3 brokerage houses believe that Restoration Hardware Holdings (RH) is a Strong Buy at current levels. 12 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Restoration Hardware Holdings (RH). Zacks Investment Research suggests a Strong Sell with a rank of 5. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 16 Wall Street Analysts endorse the stock as a Hold with a rating of 2.75.
Restoration Hardware Holdings (RH) stock is expected to deviate a maximum of $14.4 from the average target price of $38.36 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
Restoration Hardware Holdings (NYSE:RH): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.60 and $30.60 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $31.34. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.71, notching a gain of 1.45% for the day. The total traded volume was 1,473,913 . The stock had closed at $30.27 on the previous day.
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.