Scotiabank reissued their sector perform rating on shares of Richelieu Hardware Ltd. (TSE:RCH) in a report released on Friday morning. Scotiabank currently has a C$28.50 price objective on the stock.

Separately, National Bank Financial boosted their price target on Richelieu Hardware from C$25.00 to C$30.00 in a research report on Friday, July 8th.

Richelieu Hardware (TSE:RCH) traded down 0.48% during mid-day trading on Friday, hitting $24.93. The company had a trading volume of 130,113 shares. Richelieu Hardware has a one year low of $20.04 and a one year high of $28.88. The company’s 50 day moving average price is $26.02 and its 200-day moving average price is $24.77. The company has a market cap of $1.44 billion and a PE ratio of 23.95.

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 & Stock 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 stocks with our FREE daily email newsletter.