Analyst Price Target is C$46.67
▲ +24.98% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Richelieu Hardware in the last 3 months. The average price target is C$46.67, with a high forecast of C$49.00 and a low forecast of C$45.00. The average price target represents a 24.98% upside from the last price of C$37.34.
Current Consensus is
The current consensus among 3 polled investment analysts is to buy stock in Richelieu Hardware. This Buy consensus rating has held steady for over two years.
Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in North America. 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, and floor protection products, as well as accessories for power tools. It also manufactures veneer sheets and edge banding products; and various decorative moldings and components for the window and door industry. 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. The company was incorporated in 1968 and is headquartered in Montreal, Canada.