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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Richelieu Hardware, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Richelieu Hardware wasn't on the list.
While Richelieu Hardware currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.