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Richelieu Hardware Ltd. (TSE:RCH) target price raised to $30.00, reported today by Scotia Capital

Having a price of $30.26, Richelieu Hardware Ltd. (TSE:RCH) traded 1.55% higher on the day. With the last close up 6.95% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the same period. Richelieu Hardware Ltd. has recorded a 50-day average of $31.29 and a two hundred day average of $29.31. Trading volume was down over the average, with 12,334 shares of RCH changing hands under the typical 27,930

Richelieu Hardware Ltd. (TSE:RCH) had its target bumped up to $30.00 by Scotia Capital in an issued report issued Friday July 07, 2017. The upped price target implies a potential downside of -0.01% from the company's most recent close.

On 04/07/2017, National Bank Financial released a statement on Richelieu Hardware Ltd. (TSE:RCH) upped the target price from $30.00 to $32.00 that suggested an upside of 0.12%.

Performance Chart

Richelieu Hardware Ltd. (TSE:RCH)

With a total market value of $0, Richelieu Hardware Ltd. has price-earnings ratio of 27.72 with a one year low of $24.10 and a one year high of $32.74 .

A total of 2 analysts have released a ratings update on RCH. zero brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a 12-month price target of $22.13.

General Company Details For 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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