RH found using ticker (RH) have now 15 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 850 and 539 with a mean TP of 708.8. Given that the stocks previous close was at 421.56 this is indicating there is a potential upside of 68.1%. The day 50 moving average is 485.35 while the 200 day moving average is 620.91. The market capitalisation for the company is $8,772m. Company Website: https://www.rh.com
The potential market cap would be $14,749m 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 30, 2021, it operated a total of 68 RH Galleries and 38 RH outlet stores in 31 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.
