Leon's Furniture (TSE:LNF - Get Free Report) had its target price lifted by equities researchers at Royal Bank Of Canada from C$33.00 to C$35.00 in a report released on Monday,BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. Royal Bank Of Canada's price target would suggest a potential upside of 18.04% from the company's previous close.
Other research analysts have also recently issued research reports about the stock. Stifel Nicolaus upped their price target on shares of Leon's Furniture from C$27.00 to C$30.00 and gave the stock a "hold" rating in a report on Friday, August 8th. National Bankshares increased their target price on Leon's Furniture from C$34.00 to C$35.00 and gave the company an "outperform" rating in a research note on Friday, August 8th. Finally, BMO Capital Markets upped their price target on shares of Leon's Furniture from C$29.00 to C$32.00 and gave the company a "market perform" rating in a research report on Friday, August 8th. Four equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$32.50.
Read Our Latest Stock Report on LNF
Leon's Furniture Stock Performance
Shares of TSE:LNF traded up C$0.23 during trading on Monday, hitting C$29.65. 26,836 shares of the company were exchanged, compared to its average volume of 17,487. The company has a market cap of C$2.04 billion, a PE ratio of 15.46 and a beta of 0.82. The stock has a 50 day moving average of C$27.81 and a 200 day moving average of C$25.62. Leon's Furniture has a 52-week low of C$20.51 and a 52-week high of C$30.64. The company has a debt-to-equity ratio of 38.14, a current ratio of 1.38 and a quick ratio of 0.53.
Insider Buying and Selling at Leon's Furniture
In other news, Senior Officer John Andrew Cooney sold 4,000 shares of the stock in a transaction dated Monday, June 30th. The shares were sold at an average price of C$27.51, for a total transaction of C$110,040.00. Corporate insiders own 69.49% of the company's stock.
About Leon's Furniture
(
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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.
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