RH with ticker code (RH) have now 15 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 738 and 375 calculating the average target price we see 540.47. Given that the stocks previous close was at 326.09 this would imply there is a potential upside of 65.7%. The day 50 moving average is 379.07 and the 200 moving average now moves to 573.35. The company has a market capitalisation of $6,959m. Company Website: https://www.rh.com
The potential market cap would be $11,533m 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.
