Restoration Hardware Holdings Inc. (NYSE:RH)‘s stock had its “hold” rating restated by equities research analysts at Loop Capital in a research report issued to clients and investors on Friday. They currently have a $55.00 price target on the stock. Loop Capital’s price objective suggests a potential downside of 22.15% from the company’s previous close.

Several other research analysts have also recently issued reports on the stock. Deutsche Bank AG cut shares of Restoration Hardware Holdings from a “buy” rating to a “hold” rating and set a $80.00 target price on the stock. in a report on Friday, July 21st. Bank of America Corporation initiated coverage on shares of Restoration Hardware Holdings in a report on Monday, July 17th. They issued an “underperform” rating and a $54.00 target price on the stock. Zacks Investment Research upgraded shares of Restoration Hardware Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, July 18th. Wolfe Research raised their target price on shares of Restoration Hardware Holdings from $40.00 to $50.00 and gave the stock a “peer perform” rating in a report on Friday, May 12th. Finally, Citigroup Inc. restated a “buy” rating and issued a $52.00 target price (down previously from $62.00) on shares of Restoration Hardware Holdings in a report on Monday, June 5th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the company’s stock. Restoration Hardware Holdings has an average rating of “Hold” and an average price target of $59.55.

Shares of Restoration Hardware Holdings (NYSE:RH) traded down 1.24% on Friday, hitting $70.65. 4,626,642 shares of the stock were exchanged. The company has a market cap of $2.34 billion, a price-to-earnings ratio of 184.95 and a beta of 1.53. Restoration Hardware Holdings has a 52-week low of $24.41 and a 52-week high of $79.91. The company has a 50 day moving average of $56.88 and a 200 day moving average of $51.47. Restoration Hardware Holdings also was the recipient of unusually large options trading activity on Thursday. Stock investors purchased 15,757 put options on the stock. This represents an increase of approximately 342% compared to the average volume of 3,563 put options.

Restoration Hardware Holdings (NYSE:RH) last issued its earnings results on Wednesday, September 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.18. The firm had revenue of $615.30 million during the quarter, compared to the consensus estimate of $606.38 million. During the same quarter in the prior year, the business posted $0.44 EPS. The firm’s revenue for the quarter was up 13.2% on a year-over-year basis. Equities research analysts forecast that Restoration Hardware Holdings will post $2.50 earnings per share for the current year.

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Several large investors have recently modified their holdings of RH. State of New Jersey Common Pension Fund D bought a new position in shares of Restoration Hardware Holdings during the first quarter valued at $2,771,000. Wells Fargo & Company MN increased its holdings in shares of Restoration Hardware Holdings by 9.2% during the first quarter. Wells Fargo & Company MN now owns 94,869 shares of the company’s stock valued at $4,388,000 after acquiring an additional 7,993 shares in the last quarter. Great West Life Assurance Co. Can increased its holdings in shares of Restoration Hardware Holdings by 150.4% during the first quarter. Great West Life Assurance Co. Can now owns 52,402 shares of the company’s stock valued at $2,423,000 after acquiring an additional 31,475 shares in the last quarter. First Trust Advisors LP increased its holdings in shares of Restoration Hardware Holdings by 133.4% during the first quarter. First Trust Advisors LP now owns 78,083 shares of the company’s stock valued at $3,612,000 after acquiring an additional 44,628 shares in the last quarter. Finally, Swiss National Bank increased its holdings in shares of Restoration Hardware Holdings by 2.9% during the first quarter. Swiss National Bank now owns 60,130 shares of the company’s stock valued at $2,782,000 after acquiring an additional 1,700 shares in the last quarter. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Restoration Hardware Holdings Company Profile

RH, formerly Restoration Hardware Holdings, Inc, is a retailer in the home furnishings marketplace. As of January 28, 2017, the Company had two segments: RH Segment and Waterworks. It offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings.

Analyst Recommendations for Restoration Hardware Holdings (NYSE:RH)

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