Richelieu Hardware (TSE:RCH – Get Free Report) had its target price upped by investment analysts at CIBC from C$43.00 to C$45.00 in a report released on Thursday, BayStreet.CA reports. The brokerage currently has a “neutral” rating on the stock. CIBC’s target price points to a potential upside of 3.00% from the company’s previous close.
Separately, National Bankshares decreased their price target on shares of Richelieu Hardware from C$49.00 to C$48.00 in a research note on Friday, July 7th.
Richelieu Hardware Trading Up 0.0 %
Shares of Richelieu Hardware stock opened at C$43.69 on Thursday. The company has a fifty day simple moving average of C$42.78 and a 200-day simple moving average of C$40.42. Richelieu Hardware has a 12-month low of C$33.63 and a 12-month high of C$45.87. The company has a current ratio of 2.89, a quick ratio of 0.72 and a debt-to-equity ratio of 33.10. The stock has a market cap of C$2.44 billion, a price-to-earnings ratio of 16.87, a PEG ratio of 0.77 and a beta of 0.98.
Richelieu Hardware Company Profile
Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in North America. The company's principal product categories include furniture; glass and building decorative, and functional hardware; lighting systems; finishing and decorating products; ergonomic workstation components; kitchen and closet storage solutions; sliding door systems; decorative and functional panels; high-pressure laminates; railing and balusters; and floor protection products, as well as accessories for power tools.
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