RH (NYSE:RH) had its price target boosted by Wolfe Research from $40.00 to $50.00 in a research report report published on Friday, May 12th. They currently have a peer perform rating on the stock.
Several other brokerages also recently weighed in on RH. Oppenheimer Holdings Inc. reaffirmed a market perform rating on shares of RH in a report on Tuesday, February 28th. Goldman Sachs Group Inc downgraded shares of RH from a buy rating to a neutral rating and set a $44.00 target price on the stock. in a report on Thursday, March 30th. Deutsche Bank AG lifted their target price on shares of RH from $31.00 to $40.00 and gave the company a hold rating in a report on Wednesday, March 29th. Guggenheim lifted their target price on shares of RH from $45.00 to $55.00 and gave the company a buy rating in a report on Wednesday, March 29th. Finally, Vetr downgraded shares of RH from a strong-buy rating to a buy rating and set a $35.67 target price on the stock. in a report on Monday, March 6th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of Hold and an average price target of $45.13.
RH (RH) opened at 45.82 on Friday. The company’s 50-day moving average is $53.13 and its 200-day moving average is $38.37. The firm has a market capitalization of $1.65 billion, a P/E ratio of 352.46 and a beta of 1.57. RH has a 52-week low of $24.41 and a 52-week high of $60.11. RH (NYSE:RH) last issued its quarterly earnings data on Thursday, June 1st. The company reported $0.05 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.05. The company had revenue of $562.10 million for the quarter, compared to the consensus estimate of $560.30 million. RH had a net margin of 1.33% and a return on equity of 7.09%. RH’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same period last year, the firm posted ($0.05) EPS. On average, analysts predict that RH will post $1.84 EPS for the current year.
A number of institutional investors have recently made changes to their positions in RH. Public Employees Retirement System of Ohio boosted its position in shares of RH by 12.6% in the first quarter. Public Employees Retirement System of Ohio now owns 2,286 shares of the company’s stock worth $106,000 after buying an additional 255 shares during the last quarter. Sei Investments Co. boosted its position in shares of RH by 36.7% in the first quarter. Sei Investments Co. now owns 2,720 shares of the company’s stock worth $126,000 after buying an additional 730 shares during the last quarter. Ameritas Investment Partners Inc. acquired a new position in shares of RH during the first quarter worth about $155,000. PNC Financial Services Group Inc. boosted its position in shares of RH by 59.1% in the first quarter. PNC Financial Services Group Inc. now owns 3,575 shares of the company’s stock worth $166,000 after buying an additional 1,328 shares during the last quarter. Finally, State of Alaska Department of Revenue acquired a new position in shares of RH during the first quarter worth about $195,000. RH Company Profile