In a report released today, Peter Keith from Piper Sandler maintained a Buy rating on Arhaus (ARHS – Research Report), with a price target of $20.00. The company’s shares closed yesterday at $15.50.
Keith covers the Consumer Cyclical sector, focusing on stocks such as Wayfair, Beyond Inc, and Floor & Decor Holdings. According to TipRanks, Keith has an average return of 11.2% and a 53.83% success rate on recommended stocks.
Arhaus has an analyst consensus of Strong Buy, with a price target consensus of $16.50, implying a 6.45% upside from current levels. In a report released today, Robert W. Baird also maintained a Buy rating on the stock with a $18.00 price target.
The company has a one-year high of $16.60 and a one-year low of $6.52. Currently, Arhaus has an average volume of 1.26M.
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Arhaus (ARHS) Company Description:
Arhaus Inc is a lifestyle brand and omni-channel retailer of home furnishings. The company offers direct-to-consumer approach to furniture and decor, through which it sell artisan-quality products.