RH (NYSE:RH) traded today at a new 52-week high of $741.58. Approximately 288,000 shares have changed hands today, as compared to an average 30-day volume of 351,000 shares.
RH share prices have moved between a 52-week high of $741.58 and a 52-week low of $292.00 and are now trading 149% above that low price at $726.00 per share.
RH (NYSE:RH) is currently priced 31.5% above its average consensus analyst price target of $497.29.
RH is a luxury retailer operating in the $112 billion furniture and home furnishing industry. The company offers merchandise across many categories including furniture, lighting, textiles, bath, decor, children, and more and is growing the presence of its hospitality business (with 11 restaurant locations). RH innovates, curates, and integrates products, categories, services, and businesses across channels and brand extensions (RH Teen, RH Modern, and Waterworks, for example). The company is fully integrated across store, Web, and catalog channels, and is positioned to broaden its total addressable market with the launch of its World of RH digital platform in autumn 2021.
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