UPDATE: Loop Capital Downgrades Restoration Hardware (RH) to Hold 'on Valuation, Not Fundamentals'

November 21, 2019 5:30 AM EST
Get Alerts RH Hot Sheet
Price: $691.30 +0.74%

Rating Summary:
    15 Buy, 16 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 17 | Down: 5 | New: 35
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(Updated - November 21, 2019 6:06 AM EST)

(update PT, expand comment)

Loop Capital analyst Anthony Chukumba downgraded Restoration Hardware (NYSE: RH) from Buy to Hold, PT $190.00.

  • Steps aside citing the valuation.

The analyst comments "Our downgrade is based on RH's valuation, as opposed to a more bearish view of the company's fundamentals. RH remains one of the most compelling small cap fundamental growth stories in the specialty hardlines retailing sector in our opinion. That said, with the stock trading at 14.8x our F2020 diluted EPS estimate, we believe upside potential and downside risk are fairly balanced at current levels."

For an analyst ratings summary and ratings history on Restoration Hardware click here. For more ratings news on Restoration Hardware click here.

Shares of Restoration Hardware closed at $188.88 yesterday.



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