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National Bankshares Lowers Richelieu Hardware (TSE:RCH) Price Target to C$37.00

Richelieu Hardware logo with Consumer Cyclical background

Richelieu Hardware (TSE:RCH - Get Free Report) had its price objective decreased by research analysts at National Bankshares from C$37.50 to C$37.00 in a report released on Thursday,BayStreet.CA reports. The brokerage currently has a "sector perform" rating on the stock. National Bankshares' price target indicates a potential upside of 4.31% from the stock's previous close.

Separately, CIBC boosted their price objective on shares of Richelieu Hardware from C$32.00 to C$38.00 in a research report on Monday, April 14th.

Check Out Our Latest Stock Analysis on RCH

Richelieu Hardware Stock Up 0.1%

Shares of RCH stock traded up C$0.05 on Thursday, reaching C$35.47. 22,850 shares of the stock were exchanged, compared to its average volume of 80,234. The company has a market capitalization of C$1.97 billion, a price-to-earnings ratio of 22.08, a PEG ratio of 0.77 and a beta of 0.94. The business's 50 day moving average price is C$34.02 and its 200 day moving average price is C$36.09. The company has a current ratio of 3.46, a quick ratio of 0.72 and a debt-to-equity ratio of 26.37. Richelieu Hardware has a twelve month low of C$31.81 and a twelve month high of C$43.20.

About Richelieu Hardware

(Get Free Report)

Richelieu Hardware Ltd is a Canada-based company that imports, manufactures, and distributes specialty hardware and complementary products. Headquartered in Montreal, the company operates across Canada and the eastern and midwestern regions of the United States. The majority of the company's sales are derived from its operations in Canada.

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