RH (NYSE:RH) Price Target Lowered to $200.00 at TD Cowen

RH (NYSE:RHGet Free Report) had its price objective cut by stock analysts at TD Cowen from $265.00 to $200.00 in a research note issued on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. TD Cowen’s price objective would indicate a potential upside of 52.91% from the company’s previous close.

A number of other equities analysts have also commented on the stock. JPMorgan Chase & Co. cut their price objective on shares of RH from $275.00 to $225.00 and set an “overweight” rating on the stock in a report on Friday, December 19th. Barclays lowered their price objective on RH from $385.00 to $283.00 and set an “overweight” rating for the company in a research note on Monday, December 15th. KeyCorp restated a “sector weight” rating on shares of RH in a research report on Friday, December 12th. Stifel Nicolaus reiterated a “hold” rating and set a $165.00 price objective (down from $320.00) on shares of RH in a research note on Friday, December 12th. Finally, Wells Fargo & Company cut their price target on shares of RH from $250.00 to $225.00 and set an “overweight” rating for the company in a report on Friday, March 13th. Seven analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $211.07.

Read Our Latest Report on RH

RH Stock Performance

Shares of RH stock opened at $130.80 on Monday. The company has a debt-to-equity ratio of 944.39, a quick ratio of 0.26 and a current ratio of 1.19. The firm has a market capitalization of $2.46 billion, a price-to-earnings ratio of 23.61, a price-to-earnings-growth ratio of 0.54 and a beta of 2.14. RH has a one year low of $123.03 and a one year high of $257.00. The company has a 50 day moving average price of $178.42 and a 200 day moving average price of $181.66.

Insider Activity

In other news, Director Mark S. Demilio sold 2,254 shares of RH stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $220.00, for a total value of $495,880.00. Following the completion of the transaction, the director owned 19,962 shares in the company, valued at approximately $4,391,640. The trade was a 10.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Eri Chaya sold 7,000 shares of the company’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $129.42, for a total value of $905,940.00. The SEC filing for this sale provides additional information. Insiders have sold 19,154 shares of company stock worth $2,953,468 over the last ninety days. Insiders own 27.00% of the company’s stock.

Institutional Trading of RH

A number of institutional investors have recently modified their holdings of the company. Clearstead Advisors LLC raised its position in RH by 713.3% during the third quarter. Clearstead Advisors LLC now owns 122 shares of the company’s stock valued at $25,000 after purchasing an additional 107 shares in the last quarter. Huntington National Bank lifted its position in shares of RH by 87.8% during the 3rd quarter. Huntington National Bank now owns 139 shares of the company’s stock worth $28,000 after buying an additional 65 shares during the last quarter. Harvest Fund Management Co. Ltd acquired a new position in RH during the third quarter worth about $30,000. Wilmington Savings Fund Society FSB grew its position in shares of RH by 200.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock valued at $31,000 after buying an additional 116 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new stake in shares of RH in the third quarter valued at about $31,000. 90.17% of the stock is currently owned by institutional investors.

About RH

(Get Free Report)

RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.

Read More

Analyst Recommendations for RH (NYSE:RH)

Receive News & Ratings for RH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RH and related companies with MarketBeat.com's FREE daily email newsletter.