RH (NYSE:RH) Given New $200.00 Price Target at TD Cowen

RH (NYSE:RH) had its target price lowered by TD Cowen from $265.00 to $200.00 in a research report sent to investors on Monday,Benzinga reports. The brokerage currently has a buy rating on the stock.

RH has been the topic of several other research reports. Zacks Research raised RH from a “strong sell” rating to a “hold” rating in a research report on Friday, February 13th. Telsey Advisory Group lowered their price target on RH from $185.00 to $165.00 and set a “market perform” rating for the company in a report on Wednesday, March 25th. UBS Group dropped their price target on shares of RH from $188.00 to $160.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 17th. Weiss Ratings reissued a “sell (d+)” rating on shares of RH in a report on Monday, March 23rd. Finally, JPMorgan Chase & Co. reduced their price objective on shares of RH from $275.00 to $225.00 and set an “overweight” rating for the company in a research report on Friday, December 19th. Seven research 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’s stock. According to MarketBeat, RH presently has a consensus rating of “Hold” and a consensus target price of $211.07.

RH Stock Up 0.8%

Shares of NYSE RH opened at $131.93 on Monday. The business has a 50-day moving average of $176.40 and a two-hundred day moving average of $180.98. The company has a market capitalization of $2.48 billion, a price-to-earnings ratio of 23.81, a price-to-earnings-growth ratio of 0.54 and a beta of 2.14. RH has a 1 year low of $123.03 and a 1 year high of $257.00. The company has a debt-to-equity ratio of 944.39, a current ratio of 1.19 and a quick ratio of 0.26.

Insider Activity

In related news, Director Mark S. Demilio sold 2,254 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $220.00, for a total transaction of $495,880.00. Following the transaction, the director owned 19,962 shares in the company, valued at $4,391,640. This trade represents a 10.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Eri Chaya sold 7,000 shares of RH stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $129.42, for a total value of $905,940.00. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 18,654 shares of company stock valued at $2,861,468 over the last three months. Company insiders own 27.00% of the company’s stock.

Institutional Investors Weigh In On RH

Several large investors have recently modified their holdings of the company. Norges Bank purchased a new position in RH during the 2nd quarter worth $29,083,000. Dynamic Technology Lab Private Ltd raised its holdings in shares of RH by 481.1% in the third quarter. Dynamic Technology Lab Private Ltd now owns 10,169 shares of the company’s stock valued at $2,066,000 after buying an additional 8,419 shares during the last quarter. Greatmark Investment Partners Inc. boosted its stake in shares of RH by 8.6% during the third quarter. Greatmark Investment Partners Inc. now owns 81,015 shares of the company’s stock worth $16,459,000 after buying an additional 6,412 shares during the period. Westfield Capital Management Co. LP acquired a new stake in shares of RH during the third quarter worth about $67,632,000. Finally, Barclays PLC grew its holdings in shares of RH by 93.6% during the third quarter. Barclays PLC now owns 146,247 shares of the company’s stock worth $29,712,000 after buying an additional 70,702 shares during the last quarter. 90.17% of the stock is owned by institutional investors and hedge funds.

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.