Scotiabank reissued their sector perform rating on shares of Richelieu Hardware Ltd. (TSE:RCH) in a research report released on Friday morning. Scotiabank currently has a C$28.50 target price on the stock.
Separately, National Bank Financial increased their price target on shares of Richelieu Hardware from C$25.00 to C$30.00 in a report on Friday, July 8th.
Shares of Richelieu Hardware (TSE:RCH) opened at 24.75 on Friday. The company has a market cap of $1.43 billion and a PE ratio of 23.78. The stock’s 50 day moving average is $25.98 and its 200 day moving average is $24.81. Richelieu Hardware has a 52-week low of $20.04 and a 52-week high of $28.88.
About Richelieu Hardware
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.
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