Richelieu Hardware (TSE:RCH) had its price objective raised by equities researchers at National Bank Financial from C$26.00 to C$28.00 in a research note issued to investors on Friday, July 5th, Stock Target Advisor reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s price objective indicates a potential upside of 14.01% from the stock’s previous close.
Shares of TSE:RCH traded down C$0.07 during mid-day trading on Friday, reaching C$24.56. The company had a trading volume of 90,951 shares, compared to its average volume of 106,667. The company has a current ratio of 4.01, a quick ratio of 1.42 and a debt-to-equity ratio of 5.05. The stock has a market capitalization of $1.41 billion and a price-to-earnings ratio of 21.46. The company has a 50-day simple moving average of C$22.00. Richelieu Hardware has a one year low of C$20.03 and a one year high of C$31.59.
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