Richelieu Hardware (RCH) Gets a Buy Rating from National Bank


The Services sector company, Richelieu Hardware (RCH), has received a rating update from a Wall Street analyst today. Analyst Leon Aghazarian from National Bank rated Richelieu Hardware (RCH) a Buy, setting a C$26 price target.

According to TipRanks.com, Aghazarian is ranked #3637 out of 5282 analysts.

Richelieu Hardware has an analyst consensus of Moderate Buy, with a price target consensus of C$26.

Richelieu Hardware’s market cap is currently C$1.27B and has a P/E ratio of 20.7. The company has a Price to Book ratio of 2.71.

Richelieu Hardware Ltd. engages in the import, distribution, and manufacture of specialty hardware and complementary products. Its product categories includes decorative hardware, screws and fasteners, general hardware, furniture equipment, hinges, slides and opening systems, kitchen and bathroom accessories, closet and storage, lighting hardware and accessories, sinks, wash basins and faucets, office accessories, glass hardware, commercial display hardware, surfaces, panels and edge banding, custom-made cabinet doors and drawers, moldings, corbels and wood components, glues, silicones and caulking, tools and shop supplies, abrasive and finishing products, and builders’ hardware. The company was founded on September 16, 1968 and is headquartered in Montreal, Canada.

The company’s shares closed on Friday at C$22.25, close to its 52-week low of C$20.98.

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