Leon's Furniture Limited (TSE:LNF - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the six brokerages that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is C$30.25.
LNF has been the topic of several research analyst reports. Royal Bank of Canada lowered their target price on shares of Leon's Furniture from C$32.00 to C$31.00 and set an "outperform" rating on the stock in a research note on Thursday, February 27th. Stifel Nicolaus dropped their target price on Leon's Furniture from C$30.00 to C$27.00 and set a "hold" rating on the stock in a report on Wednesday, February 26th. Finally, National Bank Financial raised Leon's Furniture to a "strong-buy" rating in a research note on Thursday, January 30th.
Read Our Latest Research Report on LNF
Insider Buying and Selling
In other news, Senior Officer John Andrew Cooney sold 3,300 shares of the company's stock in a transaction on Friday, March 28th. The stock was sold at an average price of C$23.74, for a total transaction of C$78,354.87. 69.49% of the stock is currently owned by insiders.
Leon's Furniture Stock Performance
Shares of LNF traded up C$0.28 during trading hours on Wednesday, reaching C$25.28. 17,613 shares of the company's stock traded hands, compared to its average volume of 19,343. Leon's Furniture has a twelve month low of C$20.51 and a twelve month high of C$30.64. The business's fifty day simple moving average is C$23.13 and its two-hundred day simple moving average is C$25.03. The company has a debt-to-equity ratio of 38.14, a current ratio of 1.38 and a quick ratio of 0.53. The firm has a market capitalization of C$1.74 billion, a price-to-earnings ratio of 13.18 and a beta of 0.82.
About Leon's Furniture
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Get Free ReportLeon's Furniture Ltd is a Canada-based retailer which is involved in the sale of home furnishing, mattresses, appliances, and electronics. The firm is also the country's commercial retailer of appliances to builders, developers, hotels, and property management companies. It generates maximum revenue from sales of goods by corporate stores.
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