Richelieu Hardware Ltd. (RCH) to Release Quarterly Earnings on Thursday
Richelieu Hardware Ltd. (TSE:RCH) will post its quarterly earnings results before the market opens on Thursday, October 6th. Analysts expect Richelieu Hardware to post earnings of $0.23 per share for the quarter.
Shares of Richelieu Hardware Ltd. (TSE:RCH) opened at 25.57 on Tuesday. Richelieu Hardware Ltd. 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 $26.13 and its 200 day moving average price is $24.73. The company has a market cap of $1.48 billion and a P/E ratio of 25.29.
RCH has been the subject of several research analyst reports. Scotiabank cut Richelieu Hardware from an “outperform” rating to a “sector perform” rating and increased their price objective for the stock from C$25.50 to C$28.50 in a report on Friday, July 8th. National Bank Financial increased their price objective on Richelieu Hardware from C$25.00 to C$30.00 in a report on Friday, July 8th.
About Richelieu Hardware
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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