RH found using ticker (RH) now have 16 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 420 and 246 calculating the average target price we see 324.88. Given that the stocks previous close was at 264.88 this indicates there is a potential upside of 22.7%. The 50 day MA is 273.33 and the 200 day MA is 327.79. The market cap for the company is $6,094m. You can visit the company’s website by visiting: https://www.rh.com
The potential market cap would be $7,474m based on the market concensus.
RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online through rh.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com. As of January 29, 2022, it operated a total of 67 RH Galleries and 38 RH outlet stores in 30 states in the District of Columbia and Canada, as well as 14 Waterworks showrooms throughout the United States and the United Kingdom. The company was formerly known as Restoration Hardware Holdings and changed its name to RH in January 2017. RH was incorporated in 2011 and is headquartered in Corte Madera, California.
