RH (NYSE:RH) was upgraded by equities research analysts at Raymond James Financial from a “market perform” rating to an “outperform” rating in a note issued to investors on Wednesday.
Other equities analysts have also recently issued research reports about the company. Zacks Investment Research upgraded RH from a “hold” rating to a “buy” rating and set a $117.00 price target for the company in a report on Monday, November 20th. Citigroup upgraded RH to a “buy” rating in a report on Sunday, November 26th. Buckingham Research reiterated a “buy” rating on shares of RH in a report on Wednesday, November 15th. Deutsche Bank lifted their price target on RH from $100.00 to $100.00 and gave the stock a “buy” rating in a report on Tuesday, November 14th. Finally, Loop Capital upgraded RH from a “hold” rating to a “buy” rating and set a $65.00 price target for the company in a report on Thursday, January 11th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $76.44.
RH (NYSE:RH) opened at $75.98 on Wednesday. RH has a 1-year low of $32.70 and a 1-year high of $109.53. The company has a current ratio of 1.47, a quick ratio of 0.28 and a debt-to-equity ratio of -48.40. The company has a market capitalization of $1,630.00, a PE ratio of 189.95, a P/E/G ratio of 0.71 and a beta of 1.76.
Several large investors have recently modified their holdings of RH. LS Investment Advisors LLC boosted its holdings in shares of RH by 145.5% during the fourth quarter. LS Investment Advisors LLC now owns 1,652 shares of the company’s stock worth $142,000 after acquiring an additional 979 shares during the period. First Republic Investment Management Inc. acquired a new stake in shares of RH in the fourth quarter valued at approximately $200,000. MML Investors Services LLC acquired a new stake in shares of RH in the fourth quarter valued at approximately $201,000. Adell Harriman & Carpenter Inc. acquired a new stake in shares of RH in the fourth quarter valued at approximately $203,000. Finally, Caxton Associates LP acquired a new stake in shares of RH in the fourth quarter valued at approximately $216,000.
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.
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