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Equities researchers at Canaccord Genuity boosted their price target on shares of Williams-Sonoma (NYSE:WSM) from $65.00 to $67.00 in a research report issued on Thursday. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s target price suggests a potential downside of 10.54% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at SunTrust raised their price target on shares of Williams-Sonoma from $78.00 to $83.00 in a research note on Thursday, August 21st. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Williams-Sonoma in a research note on Tuesday, August 12th. They now have a $74.00 price target on the stock. Finally, analysts at Makor Capital initiated coverage on shares of Williams-Sonoma in a research note on Thursday, July 17th. They set a “sell” rating on the stock. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $69.52.

Shares of Williams-Sonoma (NYSE:WSM) traded down 10.44% on Thursday, hitting $67.07. The stock had a trading volume of 1,943,883 shares. Williams-Sonoma has a 52 week low of $51.70 and a 52 week high of $75.69. The stock has a 50-day moving average of $70.66 and a 200-day moving average of $65.87. The company has a market cap of $6.312 billion and a P/E ratio of 25.74. Williams-Sonoma also was the recipient of some unusual options trading activity on Wednesday. Stock traders acquired 5,945 put options on the company. This is an increase of 909% compared to the average daily volume of 589 put options.

Williams-Sonoma (NYSE:WSM) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.53 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.53. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the prior year, the company posted $0.49 earnings per share. The company’s quarterly revenue was up 5.8% on a year-over-year basis. Analysts expect that Williams-Sonoma will post $3.21 EPS for the current fiscal year.

Williams-Sonoma, Inc is a multi-channel specialty retailer of products for the home. The Company is an e- commerce retailer with brands in home furnishings.

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