83% Of Vetr Crowd Bullish On Restoration Hardware

Courtesy of Benzinga.

Shares of Restoration Hardware Holdings Inc (NYSE: RH) have lost more than 45 percent of their value since the beginning of the year. However, over the past month, it has gained more than 11.2 percent.

Related Link: Here’s How Crowdsourced Ratings Can Beat The Market

Following the most recent rebound, top raters at the Vetr community have decided to upgrade their rating on the stock from 4.0 Stars to 4.5 Stars – out of a possible 5.0 Stars rating, seeking to better reflect their average price target of $49.99, which implies an upside potential of roughly 15.6 percent from current valuations.

Furthermore, it should be noted that 83 percent of the crowd’s ratings are now bullish.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

Posted-In: VetrUpgrades Price Target Crowdsourcing Analyst Ratings General