Where RH Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 8 Wall Street analysts have provided ratings for RH (NYSE:RH), with 1 bullish, 2 somewhat bullish, and 5 indifferent. The average 12-month price target among these analysts is $347.5, with a high of $440.00 and a low of $260.00. This target has decreased by 4.23% from the previous average of $362.86. Analysts' ratings are based on company data, financial statements, and insider information.
December 05, 2023 | 7:00 pm
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NEUTRAL IMPACT
RH has received mostly neutral ratings from analysts, with an average price target of $347.5, which is a 4.23% decrease from the previous target. This suggests a cautious outlook from the analysts.
The majority of analysts have an indifferent stance on RH, indicating no strong consensus for a bullish or bearish direction. The slight decrease in the average price target may suggest a tempered expectation for the stock's performance, but not necessarily a significant negative outlook. Therefore, the short-term impact is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100