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RONA (TSE: RON) received a number of price target changes and ratings updates during the last week:

  • RONA had its price target raised by analysts at Canaccord Genuity from C$11.00 to C$12.00. They now have a “hold” rating on the stock.
  • RONA had its price target raised by analysts at Desjardins from C$12.50 to C$13.50. They now have a “hold” rating on the stock.
  • RONA had its price target raised by analysts at Scotiabank from C$12.50 to C$13.00. They now have a “sector perform” rating on the stock.
  • RONA had its price target raised by analysts at National Bank Financial from C$12.00 to C$14.00. They now have a “sector perform” rating on the stock.
  • RONA had its price target raised by analysts at NBF from C$12.00 to C$14.00.

RONA Inc. (TSE:RON) traded down 0.46% during mid-day trading on Monday, hitting $12.91. 86,097 shares of the company’s stock traded hands. RONA Inc. has a 1-year low of $10.61 and a 1-year high of $13.54. The stock has a 50-day moving average of $11.97 and a 200-day moving average of $11.52. The company’s market cap is $1.531 billion.

RONA (TSE:RON) last announced its earnings results on Wednesday, August 13th. The company reported $0.35 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.34 by $0.01. On average, analysts predict that RONA Inc. will post $0.70 earnings per share for the current fiscal year.

RONA inc. is a Canada-based distributor and retailer of hardware, home improvement and gardening products.

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