Alert: Major Price Advance (3/28/24)-RH (NYSE: RH).

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RH (NYSE: RH) stock enjoyed a major increase of 17.3% on 3/28/24. The shares closed at $348.26. Moreover, exceptionally high trading volume at 781% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 20.1% during the last week.

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Current PriceTarget Research Rating

RH is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

RH has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. RH has a slightly negative Appreciation Score of 35 and a poor Power Rating of 29, leading to the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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