Craig-Hallum analyst Jeremy Hamblin maintained a Buy rating on Arhaus (ARHS – Research Report) today. The company’s shares closed yesterday at $12.82.
According to TipRanks, Hamblin is a 4-star analyst with an average return of 7.8% and a 54.63% success rate. Hamblin covers the Consumer Cyclical sector, focusing on stocks such as Potbelly, Carrols Restaurant Group, and Citi Trends.
Arhaus has an analyst consensus of Strong Buy, with a price target consensus of $14.13, representing a 10.22% upside. In a report released on March 4, Bank of America Securities also reiterated a Buy rating on the stock with a $14.50 price target.
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The company has a one-year high of $13.78 and a one-year low of $6.75. Currently, Arhaus has an average volume of 822.8K.
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 Announces Special Cash Dividend for Shareholders
- Arhaus Announces Fourth Quarter and Full Year 2023 Financial Results
- Arhaus price target raised to $14.50 from $13.50 at BofA
- Arhaus price target raised to $15 from $13 at Telsey Advisory
- TD Cowen home improvement analyst to hold an analyst/industry conference call
