Leon's Furniture Limited (TSE:LNF) Receives C$30.00 Consensus Target Price from Analysts

Shares of Leon's Furniture Limited (TSE:LNF - Get Free Report) have been given a consensus rating of "Moderate Buy" by the six research firms that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is C$30.00.

Several analysts have recently weighed in on the company. Royal Bank of Canada decreased their price objective on Leon's Furniture from C$32.00 to C$31.00 and set an "outperform" rating on the stock in a report on Thursday, February 27th. Stifel Nicolaus reduced their target price on Leon's Furniture from C$30.00 to C$27.00 and set a "hold" rating for the company in a research report on Wednesday, February 26th. Finally, BMO Capital Markets lifted their price target on shares of Leon's Furniture from C$28.00 to C$29.00 in a research note on Monday, May 12th.

Insider Buying and Selling

In other Leon's Furniture news, Senior Officer John Andrew Cooney sold 3,300 shares of the firm's stock in a transaction dated Friday, March 28th. The shares were sold at an average price of C$23.74, for a total value of C$78,354.87. 69.49% of the stock is owned by corporate insiders.

Leon's Furniture Stock Performance

Shares of TSE LNF traded up C$0.32 during mid-day trading on Friday, hitting C$28.57. The company had a trading volume of 12,770 shares, compared to its average volume of 19,229. Leon's Furniture has a 12 month low of C$20.51 and a 12 month high of C$30.64. The firm has a market cap of C$1.97 billion, a P/E ratio of 14.90 and a beta of 0.82. The business's 50-day simple moving average is C$24.20 and its 200-day simple moving average is C$24.93. The company has a debt-to-equity ratio of 38.14, a current ratio of 1.38 and a quick ratio of 0.53.

Leon's Furniture Company Profile

Leon'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.