Leon's Furniture (TSE:LNF - Get Free Report) has been assigned a C$29.00 price target by equities researchers at CIBC in a research note issued to investors on Tuesday,BayStreet.CA reports. The firm presently has a "neutral" rating on the stock. CIBC's target price would suggest a potential upside of 11.32% from the company's current price.
Other research analysts have also issued reports about the company. Stifel Nicolaus set a C$30.00 target price on Leon's Furniture and gave the company a "hold" rating in a report on Wednesday, October 23rd. Acumen Capital set a C$34.00 target price on shares of Leon's Furniture and gave the company a "buy" rating in a report on Wednesday, August 21st. Finally, Stifel Canada upgraded shares of Leon's Furniture to a "hold" rating in a research note on Tuesday, October 22nd.
View Our Latest Report on LNF
Leon's Furniture Trading Down 1.1 %
Shares of LNF stock traded down C$0.29 during trading hours on Tuesday, hitting C$26.05. The company had a trading volume of 12,282 shares, compared to its average volume of 19,025. Leon's Furniture has a fifty-two week low of C$18.12 and a fifty-two week high of C$30.64. The company has a debt-to-equity ratio of 41.88, a current ratio of 1.42 and a quick ratio of 0.53. The company's fifty day moving average is C$27.48 and its 200 day moving average is C$26.44. The stock has a market capitalization of C$1.78 billion, a PE ratio of 12.17 and a beta of 0.82.
Insiders Place Their Bets
In other Leon's Furniture news, Senior Officer John Andrew Cooney sold 7,000 shares of the stock in a transaction on Friday, December 13th. The stock was sold at an average price of C$26.15, for a total value of C$183,043.70. 69.49% of the stock is owned by insiders.
About Leon's Furniture
(
Get Free Report)
Leon's Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada. It operates in two segments, Leon's and The Brick. The company provides repair services for household furniture, electronics, and appliances; home office products; warranties; and credit insurance products, including life, dismemberment, disability, critical illness, and involuntary unemployment.
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