Restoration Hardware Holdings (RH) has risen sharply, recording gains of 2.37% in the past 4 weeks. However, the stock has corrected -3.71% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 4.48% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.96% and the 50-Day Moving Average is 10.62%.The 200 Day SMA reached 21.55% Restoration Hardware Holdings, Inc. is up 34.78% in the last 3-month period. Year-to-Date the stock performance stands at -55.91%.
Restoration Hardware Holdings (RH) stock is expected to deviate a maximum of $9.89 from the average target price of $39.4 for the short term period. 10 Street Experts have initiated coverage on the stock with the most promising target being $55 and the most muted being $21.
Company shares have received an average consensus rating of Hold for the current week Restoration Hardware Holdings (NYSE:RH): The stock opened at $34.86 and touched an intraday high of $35.87 on Friday. During the day, the stock corrected to an intraday low of $34.76, however, the bulls stepped in and pushed the price higher to close in the green at $35.03 with a gain of 0.06% for the day. The total traded volume for the day was 1,545,861. The stock had closed at $35.03 in the previous trading session.
Restoration Hardware Holdings, Inc. (RH) is a holding company. The Company, together with its subsidiaries, is a luxury home furnishings retailer that offers various categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware and childrens furnishings. These products are sold through the Companys stores, catalogs and Websites. The Company operated a total of approximately 67 retail stores and over 17 outlet stores in approximately 29 states, the District of Columbia and Canada, and had sourcing operations in Shanghai and Hong Kong. The Companys retail stores are located primarily in upscale malls and street locations. The Company operates stores in Alabama, Arizona, California, Colorado, Connecticut, Florida, Massachusetts, Michigan, New York, Pennsylvania, Texas, Tennessee and British Columbia, among others. Its Websites, www.restorationhardware.com and www.rh.com, provide its customers to purchase its merchandise online.