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Richelieu Hardware (RCH) Stock Forecast & Price Target

C$38.68
-0.78 (-1.98%)
(As of 06/18/2024 ET)

Richelieu Hardware - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

C$45.25
16.99% Upside
High ForecastC$45.50
Average ForecastC$45.25
Low ForecastC$45.00
TypeCurrent Forecast
6/20/23 to 6/19/24
1 Month Ago
5/21/23 to 5/20/24
3 Months Ago
3/22/23 to 3/21/24
1 Year Ago
6/20/22 to 6/20/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
1 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$45.25C$45.25C$45.75C$46.00
Forecasted Upside16.99% Upside8.42% Upside6.05% Upside22.50% Upside
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RCH Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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RCH Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Richelieu Hardware Stock vs. The Competition

TypeRichelieu HardwareConsumer Cyclical Companies
Consensus Rating Score
2.00
2.47
Consensus RatingHoldHold
News Sentiment RatingNeutral News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/18/2024National Bankshares
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 Set TargetSector PerformC$45.50+17.48%
4/12/2024CIBC
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 Lower TargetNeutralC$46.00 ➝ C$45.00+11.41%
1/18/2024National Bank Financial
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Z. Evershed
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DowngradeOutperform Market Weight ➝ Sector Perform Market Weight
10/7/2022TD Securities
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Meaghen Annett
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DowngradeBuy ➝ HoldC$45.00+24.14%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:11 AM ET.

RCH Forecast - Frequently Asked Questions

What is Richelieu Hardware's stock forecast and purchase recommendation?

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Richelieu Hardware is C$45.25, with a high forecast of C$45.50 and a low forecast of C$45.00. The consensus rating for Richelieu Hardware stock is Hold based on the current 2 hold ratings for RCH. Learn more on RCH's analyst rating history.

Do Wall Street analysts like Richelieu Hardware more than its competitors?

Analysts like Richelieu Hardware less than other "consumer cyclical" companies. The consensus rating score for Richelieu Hardware is 2.00 while the average consensus rating score for "consumer cyclical" companies is 2.47. Learn more on how RCH compares to other companies.

Does Richelieu Hardware's stock price have much upside?

According to analysts, Richelieu Hardware's stock has a predicted upside of 14.38% based on their 12-month stock forecasts.

What analysts cover Richelieu Hardware?

Richelieu Hardware has been rated by research analysts at CIBC, and National Bankshares in the past 90 days.


Stock Forecasts and Research Tools

This page (TSE:RCH) was last updated on 6/19/2024 by MarketBeat.com Staff

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