Richelieu Hardware Ltd. (RCH) to Release Quarterly Earnings on Thursday
Richelieu Hardware Ltd. (TSE:RCH) will be issuing its quarterly earnings data before the market opens on Thursday, October 6th. Analysts expect the company to announce earnings of $0.23 per share for the quarter.
Shares of Richelieu Hardware Ltd. (TSE:RCH) opened at 25.57 on Tuesday. The firm has a market cap of $1.48 billion and a P/E ratio of 25.29. The stock’s 50 day moving average price is $26.13 and its 200-day moving average price is $24.73. Richelieu Hardware Ltd. has a 12-month low of $20.04 and a 12-month high of $28.88.
Several research firms have recently commented on RCH. Scotiabank downgraded Richelieu Hardware from an “outperform” rating to a “sector perform” rating and boosted their price objective for the company from C$25.50 to C$28.50 in a report on Friday, July 8th. National Bank Financial upped their price target on Richelieu Hardware from C$25.00 to C$30.00 in a report on Friday, July 8th.
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.
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