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Stifel announced Restoration Hardware (NYSE:RH), boosting its stock price target to $75.00 today

In a report released on 10/13/2017 Stifel increased the stock price target of Restoration Hardware (NYSE:RH) to $75.00 reporting a possible downside of -0.03%.

Previously on 09/26/2017, Deutsche Bank released a statement about Restoration Hardware (NYSE:RH) increased the target price from $80.00 to $84.00. At the time, this indicated a possible upside of 0.17%.

Just yesterday Restoration Hardware (NYSE:RH) traded -0.06% lower at $77.20. Restoration Hardware’s 50-day moving average is $66.04 and its 200-day moving average is $58.34. The last stock price is up 32.33% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 0 shares of RH traded hands, down from an average trading volume of 1,718,960

See Chart Below

Restoration Hardware (NYSE:RH)

Restoration Hardware has a 52 week low of $24.41 and a 52 week high of $79.91 with a P/E ratio of 4,063.16 The company’s market cap is currently $0.

In addition to Stifel reporting its target price, a total of 14 firms have reported on the stock. The consensus target price is $40.07 with 3 firms rating the stock a strong buy, 1 firm rating the stock a buy, 15 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.

About Restoration Hardware (NYSE:RH)

RH, formerly Restoration Hardware Holdings, Inc., is a retailer in the home furnishings marketplace. As of January 28, 2017, the Company had two segments: RH Segment and Waterworks. It offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings. The Company classifies its sales into furniture and non-furniture product lines. The Furniture category includes both indoor and outdoor furniture. The Non-furniture category includes lighting, textiles, fittings, fixtures, surfaces, accessories and home decor. The Company's business is integrated across its channels of distribution consisting of its stores, Source Books and Websites. The Company also owns a controlling interest in Design Investors WW Acquisition Company, LLC, which owns the business operating under the name 'Waterworks'.

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