Williams-Sonoma Gets a Hold Rating from Jefferies

By Carrie Williams

Jefferies analyst Daniel Binder reiterated a Hold rating on Williams-Sonoma (NYSE: WSM) yesterday and set a price target of $54. The company’s shares closed yesterday at $49.61.

According to TipRanks.com, Binder is a 4-star analyst with an average return of 7.5% and a 67.3% success rate. Binder covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Container Store Group, and United Stationers Inc.

Currently, the analyst consensus on Williams-Sonoma is Hold and the average price target is $52.60, representing a 6.0% upside.

In a report issued on May 21, Credit Suisse also reiterated a Hold rating on the stock with a $44 price target.

The company has a one year high of $57.40 and a one year low of $45.96. Currently, Williams-Sonoma has an average volume of 1.78M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Williams-Sonoma, Inc. operates as a multi-channel specialty retailer. It operates its business through the E-commerce and Retail segments. The e-commerce segment has the following merchandising strategies: Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which markets its products through its e-commerce websites and direct-mail catalogs. The retail segment has the following merchandising strategies: Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm and Rejuvenation, which sell its products through its retail stores. The company was founded by Charles E. Williams on September 15, 1956 and is headquartered in San Francisco, CA.