RH (NYSE:RH) Given New $165.00 Price Target at Telsey Advisory Group

RH (NYSE:RH) had its price objective trimmed by Telsey Advisory Group from $185.00 to $165.00 in a research note issued to investors on Wednesday, Marketbeat Ratings reports. The brokerage currently has a market perform rating on the stock.

A number of other brokerages have also recently issued reports on RH. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of RH in a research note on Monday. Wells Fargo & Company decreased their price target on RH from $250.00 to $225.00 and set an “overweight” rating on the stock in a research note on Friday, March 13th. JPMorgan Chase & Co. dropped their price objective on RH from $275.00 to $225.00 and set an “overweight” rating for the company in a research note on Friday, December 19th. KeyCorp reaffirmed a “sector weight” rating on shares of RH in a research note on Friday, December 12th. Finally, The Goldman Sachs Group dropped their price target on shares of RH from $195.00 to $144.00 and set a “sell” rating for the company in a research report on Monday, December 15th. Seven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $215.40.

RH Price Performance

Shares of RH stock opened at $136.81 on Wednesday. The company has a debt-to-equity ratio of 944.39, a quick ratio of 0.26 and a current ratio of 1.19. RH has a 52-week low of $123.03 and a 52-week high of $257.00. The company has a fifty day moving average of $182.29 and a 200-day moving average of $183.46. The stock has a market capitalization of $2.57 billion, a price-to-earnings ratio of 24.70, a price-to-earnings-growth ratio of 0.53 and a beta of 2.14.

Insider Buying and Selling

In other RH news, insider Eri Chaya sold 7,000 shares of the company’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $129.42, for a total value of $905,940.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark S. Demilio sold 2,254 shares of RH stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $220.00, for a total transaction of $495,880.00. Following the sale, the director directly owned 19,962 shares in the company, valued at $4,391,640. The trade was a 10.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 19,154 shares of company stock valued at $2,953,468. 27.00% of the stock is owned by corporate insiders.

Institutional Trading of RH

Several large investors have recently bought and sold shares of RH. Clearstead Advisors LLC grew its position in shares of RH by 713.3% in the 3rd quarter. Clearstead Advisors LLC now owns 122 shares of the company’s stock worth $25,000 after buying an additional 107 shares during the period. Huntington National Bank grew its holdings in RH by 87.8% in the third quarter. Huntington National Bank now owns 139 shares of the company’s stock worth $28,000 after purchasing an additional 65 shares during the period. Harvest Fund Management Co. Ltd bought a new position in shares of RH during the third quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB lifted its holdings in shares of RH by 200.0% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock valued at $31,000 after purchasing an additional 116 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in shares of RH in the 3rd quarter worth approximately $31,000. 90.17% of the stock is owned by institutional investors.

Trending Headlines about RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: Very high short interest creates squeeze potential — Short interest rose ~28% in March to 4.84M shares (about 35.3% of shares outstanding) with a days-to-cover near 3.9. That elevated short burden can amplify upside on any upbeat news or weaker-than-expected short covering.
• Neutral Sentiment: Upcoming quarterly earnings act as an immediate catalyst — RH is expected to report its quarterly results this week, which typically increases intraday volatility and can prompt pre-earnings positioning by traders. RH Expected to Announce Quarterly Earnings
• Neutral Sentiment: Consensus brokerage stance is tepid — Brokerages’ consensus recommendation is “Hold,” suggesting mixed analyst conviction that could limit sustained rallies without fundamental confirmation. Consensus Recommendation of “Hold”
• Negative Sentiment: Telsey cut its price target and downgraded near-term outlook — Telsey Advisory Group lowered RH’s target from $185 to $165 and assigned a “market perform” rating, signaling more cautious near-term expectations from at least one sell‑side shop. Telsey Lowers RH Price Target

RH Company Profile

RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.