A statement released earlier today by Scotia Capital about Richelieu Hardware Ltd. (TSE:RCH) bumps the target price to $28.50
- Updated: October 7, 2016
Having a price of $25.00, Richelieu Hardware Ltd. (TSE:RCH) traded -0.20% lower on the day. With the last close up 1.00% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Richelieu Hardware Ltd. has recorded a 50-day average of $26.05 and a two hundred day average of $24.75. Volume of trade was up over the average, with 93,642 shares of RCH changing hands over the typical 36,791
Stating a potential upside of 0.14%, Scotia Capital upped the price target of Richelieu Hardware Ltd. (TSE:RCH) to $28.50
On 10/9/2015, Desjardins Securities released a statement on Richelieu Hardware Ltd. (TSE:RCH) upped the target price from $71.00 to $79.00 that suggested an upside of 0.12%.
With a total market value of $0, Richelieu Hardware Ltd. has price-earnings ratio of 24.73 with a one year low of $20.04 and a one year high of $28.88 .
A total of 2 analysts have released a report on Richelieu Hardware Ltd.. zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $22.13.
More About Richelieu Hardware Ltd. (TSE:RCH)
Richelieu Hardware Ltd. is a distributor, importer and manufacturer of specialty hardware and complementary products. The Company's 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, window and door hardware, glass hardware and floor protection products. Its products are targeted to a customer base of kitchen and bathroom cabinet, furniture, and window and door manufacturers plus the residential and commercial woodworkers, as well as a large customer base of hardware retailers, including renovation superstores. The Company, through its subsidiaries, offers a range of veneer sheets and edge banding products, a selection of decorative moldings and components for the window and door industry. Its product selection consists of approximately 110,000 different items.
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