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

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

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

Insider Activity

In other Leon's Furniture news, Senior Officer John Andrew Cooney sold 4,000 shares of the business's stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of C$27.51, for a total transaction of C$110,040.00. Company insiders own 69.49% of the company's stock.

Leon's Furniture Stock Performance

LNF stock traded down C$0.13 during midday trading on Monday, hitting C$27.80. 900 shares of the company traded hands, compared to its average volume of 16,909. Leon's Furniture has a twelve month low of C$20.51 and a twelve month high of C$30.64. The stock has a market capitalization of C$1.91 billion, a price-to-earnings ratio of 14.50 and a beta of 0.82. The company has a quick ratio of 0.53, a current ratio of 1.38 and a debt-to-equity ratio of 38.14. The business has a 50 day simple moving average of C$27.42 and a 200-day simple moving average of C$25.25.

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.