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

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

Separately, BMO Capital Markets lifted their target price on Leon's Furniture from C$28.00 to C$29.00 in a research report on Monday, May 12th.

Leon's Furniture Stock Down 1.3%

TSE LNF traded down C$0.36 during trading on Thursday, reaching C$27.34. 5,036 shares of the company's stock were exchanged, compared to its average volume of 18,011. The stock has a market cap of C$1.88 billion, a P/E ratio of 14.26 and a beta of 0.82. The company has a debt-to-equity ratio of 38.14, a quick ratio of 0.53 and a current ratio of 1.38. The company has a 50 day moving average price of C$25.98 and a two-hundred day moving average price of C$25.04. Leon's Furniture has a 1 year low of C$20.51 and a 1 year high of C$30.64.

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.