CIBC Reiterates “Neutral” Rating for Leon’s Furniture (LNF)

Leon’s Furniture (TSE:LNF)‘s stock had its “neutral” rating reissued by analysts at CIBC in a research report issued on Friday. They presently have a C$21.00 price target on the stock. CIBC’s target price would suggest a potential upside of 15.38% from the company’s previous close.

Separately, BMO Capital Markets reiterated a “market perform” rating and issued a C$20.00 target price on shares of Leon’s Furniture in a report on Wednesday, November 15th.

Shares of Leon’s Furniture (LNF) opened at C$18.20 on Friday. Leon’s Furniture has a 1-year low of C$16.19 and a 1-year high of C$19.57.

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About Leon’s Furniture

Leon’s Furniture Limited provides a network of home furniture, appliances and electronics, and mattress stores in Canada. The Company’s retail banners include Leon’s, The Brick, The Brick Mattress Store, The Brick Clearance Centre, United Furniture Warehouse (UFW), The Brick’s Midnorthern Appliance and Appliance Canada.

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