RH – Consensus Indicates Potential 69.9% Upside

Broker Ratings
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RH with ticker code (RH) have now 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 700 and 360 calculating the mean target price we have 525.29. Now with the previous closing price of 309.21 this is indicating there is a potential upside of 69.9%. The 50 day moving average now sits at 348.26 and the 200 day MA is 531.71. The company has a market cap of $7,211m. Company Website: https://www.rh.com

The potential market cap would be $12,250m 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.

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