Barclays Maintains Hold Rating on Williams-Sonoma, Sets Price Target at $180.00

Barclays analyst Seth Sigman maintained a Hold rating on Williams-Sonoma with a price target of $180.00, citing a 55.70% success rate. Sigman covers consumer cyclical stocks, including Five Below, Williams-Sonoma, and Tractor Supply. The company has a one-year high of $219.98 and a one-year low of $125.33.

Williams-Sonoma (WSM) has been the focus of various analyst ratings and price targets in the past three months, reflecting a range of opinions on the company's future performance. According to TipRanks, 16 analysts have provided ratings for Williams-Sonoma, with a significant majority (10 out of 16) recommending a Moderate Buy rating [1].

The average 12-month price target for Williams-Sonoma is $206.50, with a high forecast of $230.00 and a low forecast of $180.00. This average price target represents a 7.46% increase from the current price of $192.17 [1].

Barclays analyst Seth Sigman maintained a Hold rating on Williams-Sonoma with a price target of $180.00. Sigman cited a 55.70% success rate, covering consumer cyclical stocks such as Five Below, Williams-Sonoma, and Tractor Supply [1]. Williams-Sonoma has a one-year high of $219.98 and a one-year low of $125.33, reflecting its volatility and potential for growth [1].

Other analysts have shown varying degrees of optimism. Gordon Haskett Capital Corporation, for instance, recommended a Buy rating with a price target of $220.00, expecting a 14.48% upside [1]. Meanwhile, RBC Capital and KeyBanc have also issued Buy ratings, with RBC Capital expecting a 10.84% upside and KeyBanc predicting a 19.69% upside [1].

Despite the positive outlook from several analysts, there are conflicting sentiments. Wells Fargo, J.P. Morgan, and Evercore ISI maintained Hold ratings, while Guggenheim analysts remain Neutral [1].

Williams-Sonoma's earnings and sales forecasts for the next quarter are $1.86 and $1.85 billion, respectively, with a range of $1.76 to $1.99 for earnings and $1.82 billion to $1.92 billion for sales [1]. The company has performed in-line with its overall industry in the last calendar year.

References:

[1] https://www.tipranks.com/stocks/wsm/forecast