Leon's Furniture Limited (TSE:LNF) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

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

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

Leon's Furniture Trading Down 1.7%

Shares of LNF traded down C$0.47 during trading hours on Monday, reaching C$27.46. 11,818 shares of the company traded hands, compared to its average volume of 16,986. The firm has a market cap of C$1.89 billion, a price-to-earnings ratio of 14.32 and a beta of 0.82. Leon's Furniture has a 12-month low of C$20.51 and a 12-month high of C$30.64. The stock's fifty day moving average price is C$27.46 and its 200 day moving average price is C$25.26. The company has a current ratio of 1.38, a quick ratio of 0.53 and a debt-to-equity ratio of 38.14.

Insider Activity

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

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.