Richelieu Hardware Ltd. (RCH) Price Target Increased to C$36.00 by Analysts at National Bank Financial

Richelieu Hardware Ltd. (TSE:RCH) had its target price lifted by National Bank Financial from C$33.50 to C$36.00 in a research note published on Friday morning. National Bank Financial currently has an outperform rating on the stock. National Bank Financial also issued estimates for Richelieu Hardware’s FY2019 earnings at $1.43 EPS.

Separately, Scotiabank upped their target price on Richelieu Hardware from C$29.50 to C$30.00 and gave the stock a sector perform rating in a report on Friday, July 7th.

Shares of Richelieu Hardware (TSE:RCH) opened at 33.48 on Friday. The firm has a market capitalization of $1.94 billion and a price-to-earnings ratio of 29.60. Richelieu Hardware has a 12 month low of $24.65 and a 12 month high of $33.68. The company has a 50-day moving average price of $31.27 and a 200-day moving average price of $30.51.

COPYRIGHT VIOLATION WARNING: This article was first reported by BBNS and is owned by of BBNS. If you are accessing this article on another site, it was stolen and reposted in violation of US & international copyright & trademark law. The legal version of this article can be viewed at https://baseballnewssource.com/markets/richelieu-hardware-ltd-rch-price-target-increased-to-c36-00-by-analysts-at-national-bank-financial/1703101.html.

In related news, Director Richard Lord sold 149,900 shares of the firm’s stock in a transaction that occurred on Friday, July 14th. The stock was sold at an average price of C$31.50, for a total transaction of C$4,721,850.00. Also, insider Guy Grenier sold 12,700 shares of the firm’s stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of C$32.17, for a total value of C$408,559.00. Insiders have sold 167,823 shares of company stock valued at $5,296,172 in the last ninety days.

Richelieu Hardware Company Profile

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.

Receive News & Ratings for Richelieu Hardware Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Richelieu Hardware Ltd. and related companies with our FREE daily email newsletter.

 


Latest News

Justin Turner Joining Postseason Legends
Justin Turner Joining Postseason Legends
PED Use Cost Alex Rodriguez Millions and His Reputation
PED Use Cost Alex Rodriguez Millions and His Reputation
Yankees to Send Masahiro Tanaka Against Astros in Game 1
Yankees to Send Masahiro Tanaka Against Astros in Game 1
Red Sox Waste Little Time in Firing John Farrell
Red Sox Waste Little Time in Firing John Farrell
Washington Nationals Sans Strasburg for Game 4 at Wrigley
Washington Nationals Sans Strasburg for Game 4 at Wrigley
Red Sox Beat Houston Sunday to Avoid Elimination
Red Sox Beat Houston Sunday to Avoid Elimination


Leave a Reply

 
© 2006-2017 BBNS.