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RBC Capital Remains a Buy on Williams-Sonoma (WSM)

RBC Capital Remains a Buy on Williams-Sonoma (WSM)

In a report released on May 20, Steven Shemesh from RBC Capital maintained a Buy rating on Williams-Sonoma (WSM – Research Report), with a price target of $189.00. The company's shares closed yesterday at $167.92.
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According to TipRanks, Shemesh is a 3-star analyst with an average return of 1.4% and a 55.23% success rate. Shemesh covers the Consumer Cyclical sector, focusing on stocks such as Williams-Sonoma, Home Depot, and Ollie's Bargain Outlet Holding.
Williams-Sonoma has an analyst consensus of Moderate Buy, with a price target consensus of $180.38, which is a 7.42% upside from current levels. In a report released on May 19, Telsey Advisory also maintained a Buy rating on the stock with a $215.00 price target.
WSM market cap is currently $21.43B and has a P/E ratio of 19.83.
Based on the recent corporate insider activity of 45 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 WSM in relation to earlier this year. Last month, Jeffrey Howie, the EVP CFO of WSM sold 915.00 shares for a total of $129,647.20.

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