In a report released today, Peter Keith from Piper Sandler maintained a Buy rating on Arhaus (ARHS – Research Report), with a price target of $15.00. The company’s shares closed yesterday at $11.93.
According to TipRanks, Keith is a 5-star analyst with an average return of 10.0% and a 53.05% success rate. Keith covers the Consumer Cyclical sector, focusing on stocks such as Dollar Tree, Wayfair, and Chewy.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Arhaus with a $13.23 average price target.
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The company has a one-year high of $15.27 and a one-year low of $6.75. Currently, Arhaus has an average volume of 965.2K.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ARHS in relation to earlier this year.
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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.
Read More on ARHS:
- Arhaus to Report Fourth Quarter and Full Year 2023 Financial Results on March 7, 2024
- The hardlines and leisure stocks to own in 2024, according to Piper Sandler
- Arhaus Opens New Showroom at Fashion Island in Newport Beach, California
- Arhaus Introduces Showroom in Palm Desert, California
- Arhaus management to meet virtually with Telsey Advisory
