In a report released today, Jeremy Hamblin from Craig-Hallum maintained a Buy rating on Arhaus (ARHS – Research Report). The company’s shares closed yesterday at $14.06.
Hamblin covers the Consumer Cyclical sector, focusing on stocks such as Citi Trends, Potbelly, and Ollie’s Bargain Outlet Holding. According to TipRanks, Hamblin has an average return of 8.1% and a 54.24% success rate on recommended stocks.
Arhaus has an analyst consensus of Strong Buy, with a price target consensus of $16.00, a 13.80% upside from current levels. In a report released on April 18, Piper Sandler also assigned a Buy rating to the stock with a $19.00 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 1.16M.
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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.
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