Williams-Sonoma, Inc. (WSM) Now Covered by Analysts at Stifel Nicolaus
Equities researchers at Stifel Nicolaus started coverage on shares of Williams-Sonoma, Inc. (NYSE:WSM) in a research report issued on Thursday, The Fly reports. The firm set a “hold” rating on the specialty retailer’s stock.
Other analysts have also issued reports about the company. Zacks Investment Research raised Williams-Sonoma from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a research report on Thursday. Credit Suisse Group downgraded Williams-Sonoma from a “neutral” rating to an “underperform” rating and set a $44.00 target price on the stock. in a research report on Thursday. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Williams-Sonoma in a research report on Thursday, August 24th. Guggenheim reaffirmed a “neutral” rating on shares of Williams-Sonoma in a research report on Thursday, August 24th. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a $60.00 target price (down previously from $64.00) on shares of Williams-Sonoma in a research report on Thursday, August 24th. Five research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and seven have given a buy rating to the company’s stock. Williams-Sonoma presently has an average rating of “Hold” and an average price target of $52.10.
Shares of Williams-Sonoma (WSM) traded down 3.57% during midday trading on Thursday, hitting $48.89. The company had a trading volume of 2,678,134 shares. The stock’s 50-day moving average price is $48.37 and its 200-day moving average price is $48.98. The company has a market cap of $4.16 billion, a price-to-earnings ratio of 14.04 and a beta of 0.85. Williams-Sonoma has a 12 month low of $42.68 and a 12 month high of $56.94.
TRADEMARK VIOLATION NOTICE: “Williams-Sonoma, Inc. (WSM) Now Covered by Analysts at Stifel Nicolaus” was first published by American Banking News and is owned by of American Banking News. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of United States & international trademark & copyright laws. The original version of this piece can be accessed at https://www.americanbankingnews.com/2017/10/12/williams-sonoma-inc-wsm-now-covered-by-analysts-at-stifel-nicolaus.html.
Several large investors have recently made changes to their positions in WSM. BlackRock Inc. increased its holdings in shares of Williams-Sonoma by 11,148.3% during the first quarter. BlackRock Inc. now owns 9,128,342 shares of the specialty retailer’s stock worth $489,461,000 after buying an additional 9,047,189 shares in the last quarter. Janus Henderson Group PLC increased its holdings in shares of Williams-Sonoma by 1,109.6% during the second quarter. Janus Henderson Group PLC now owns 3,517,415 shares of the specialty retailer’s stock worth $170,595,000 after buying an additional 3,226,625 shares in the last quarter. FMR LLC increased its holdings in shares of Williams-Sonoma by 115.4% during the second quarter. FMR LLC now owns 2,678,423 shares of the specialty retailer’s stock worth $129,904,000 after buying an additional 1,435,014 shares in the last quarter. Kiltearn Partners LLP acquired a new position in shares of Williams-Sonoma during the second quarter worth $38,846,000. Finally, Vanguard Group Inc. increased its holdings in shares of Williams-Sonoma by 8.3% during the first quarter. Vanguard Group Inc. now owns 6,617,537 shares of the specialty retailer’s stock worth $354,832,000 after buying an additional 506,305 shares in the last quarter. Institutional investors own 97.89% of the company’s stock.
Williams-Sonoma Company Profile
Williams-Sonoma, Inc is a multi-channel specialty retailer of products for the home. The Company operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom. It operates through two segments: e-commerce and retail. The e-commerce segment has various merchandising strategies, such as Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sell its products through the Company’s e-commerce Websites and direct-mail catalogs.
Receive News & Ratings for Williams-Sonoma Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams-Sonoma Inc. and related companies with MarketBeat.com's FREE daily email newsletter.