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Guggenheim Sticks to Its Buy Rating for RH (RH)

Tipranks - Tipranks - Sat Jun 13, 6:36AM CDT

Guggenheim analyst Steven Forbes maintained a Buy rating on RH today and set a price target of $200.00.

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According to TipRanks, Forbes is a 4-star analyst with an average return of 8.3% and a 52.94% success rate. Forbes covers the Consumer Cyclical sector, focusing on stocks such as RH, Chewy, and Home Depot.

In addition to Guggenheim, RH also received a Buy from Barclays’s Seth Sigman in a report issued today. However, on the same day, William Blair maintained a Hold rating on RH (NYSE: RH).

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Based on RH’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $842.62 million and a net profit of $28.78 million. In comparison, last year the company earned a revenue of $812.41 million and had a net profit of $13.92 million

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