Leon's Furniture (LNF) Stock Rating Reaffirmed by Desjardins

Leon's Furniture (TSE:LNF)‘s stock had its “buy” rating reissued by equities researchers at Desjardins in a research note issued on Friday. They currently have a C$21.00 price objective on the stock. Desjardins’ price objective suggests a potential upside of 13.27% from the company’s current price.

Other analysts also recently issued reports about the company. BMO Capital Markets reaffirmed a “market perform” rating and issued a C$20.00 target price on shares of Leon's Furniture in a research note on Wednesday, November 15th. CIBC reaffirmed a “neutral” rating and issued a C$21.00 target price on shares of Leon's Furniture in a research note on Friday, December 1st.

Shares of Leon's Furniture (TSE LNF) opened at C$18.54 on Friday. Leon's Furniture has a 52 week low of C$16.19 and a 52 week high of C$19.57. The stock has a market capitalization of $1,410.00, a price-to-earnings ratio of 15.07 and a beta of 0.07.

In other Leon's Furniture news, insider Limited Midgemar acquired 55,500 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The stock was purchased at an average cost of C$18.15 per share, with a total value of C$1,007,325.00.

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Leon's Furniture Company Profile

Leon’s Furniture Limited, together with its subsidiaries, operates as a retailer of furniture, appliances, and home electronics in Canada. The company sells a range of home furniture, mattresses, appliances, and electronics, as well as acts as a commercial retailer of appliances to builders, developers, hotels, and property management companies under the Leon’s, The Brick, The Brick Mattress Store, The Brick Clearance Centre, United Furniture Warehouse, Brick’s Midnorthern Appliance, and Appliance Canada banners.

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