Richelieu Hardware (TSE:RCH) Price Target Cut to C$42.00 by Analysts at CIBC

Richelieu Hardware (TSE:RCH) had its price objective decreased by CIBC from C$43.00 to C$42.00 in a research report report published on Wednesday,BayStreet.CA reports.

Richelieu Hardware Trading Up 0.9 %

Shares of TSE RCH opened at C$37.59 on Wednesday. The firm has a market capitalization of C$2.09 billion, a PE ratio of 23.49, a PEG ratio of 0.77 and a beta of 0.94. Richelieu Hardware has a one year low of C$36.30 and a one year high of C$47.59. The company has a current ratio of 3.46, a quick ratio of 0.72 and a debt-to-equity ratio of 26.31. The business has a 50-day moving average price of C$38.83 and a two-hundred day moving average price of C$39.13.

Insider Buying and Selling at Richelieu Hardware

In other news, Senior Officer Guy Grenier sold 3,000 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of C$37.54, for a total transaction of C$112,632.90. Also, Senior Officer Antoine Auclair sold 5,400 shares of the stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of C$38.26, for a total value of C$206,605.62. Company insiders own 7.62% of the company’s stock.

Richelieu Hardware Company Profile

Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in Canada and the United States. The company’s principal 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; high-pressure laminates; railing and balusters; floor protection products; and power tool accessories.