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Credit Suisse downgraded Williams-Sonoma (NYSE:WSM) from Neutral to Underperform in a report released today.

Yesterday Williams-Sonoma (NYSE:WSM) traded -3.57% lower at $50.70. The company’s 50-day moving average is $48.37 and its 200-day moving average is $48.98. The last closing price is up -0.19% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 622,717 shares of the stock traded hands, down from an average trading volume of 1,636,550

Credit Suisse has downgraded Williams-Sonoma (NYSE:WSM) from Neutral to Underperform in a report released on 10/12/2017.

Previously on 9/14/2017, Telsey Advisory Group reported on Williams-Sonoma (NYSE:WSM) increased the target price from $49.00 to $51.00. At the time, this indicated a possible upside of 0.05%.

See Chart Below

Williams-Sonoma (NYSE:WSM)

Williams-Sonoma has a 52 week low of $42.68 and a 52 week high of $56.94 with a P/E ratio of 14.04 The company’s market cap is currently $0.

In addition to Credit Suisse reporting its stock price target, a total of 21 brokers have issued a report on the company. The average stock price target is $61.86 with 5 brokers rating the stock a strong buy, 5 brokers rating the stock a buy, 15 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Williams-Sonoma (NYSE:WSM)

Williams-Sonoma, Inc. is a multi-channel specialty retailer of products for the home. The Company operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom. It operates through two segments: e-commerce and retail. The e-commerce segment has various merchandising strategies, such as Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sell its products through the Company's e-commerce Websites and direct-mail catalogs. The retail segment has various merchandising strategies, such as Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm and Rejuvenation, which sell its products through the Company's retail stores. The Company franchises its brands to third parties in a number of countries in the Middle East, the Philippines and Mexico. The Company's products are also available to customers through its catalogs and online across the world.

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