Analyst Price Target is C$44.75
▲ +17.18% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Richelieu Hardware in the last 3 months. The average price target is C$44.75, with a high forecast of C$45.50 and a low forecast of C$44.00. The average price target represents a 17.18% upside from the last price of C$38.19.
Current Consensus is
Hold
The current consensus among 2 investment analysts is to hold stock in Richelieu Hardware. This rating has held steady since December 2023, when it changed from a Moderate Buy consensus rating.
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. It manufactures veneer sheets and edge banding products; various decorative moldings and components for the window and door industry; and custom products. The company serves kitchen and bathroom cabinet, storage and closet, home furnishing, and office furniture manufacturers; door and window manufacturers; residential and commercial woodworkers; and hardware retailers, such as renovation superstores. Richelieu Hardware Ltd. was founded in 1968 and is headquartered in Montreal, Canada.
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