Sleep Country Canada (ZZZ) Price Target Increased to C$36.00 by Analysts at Laurentian

Sleep Country Canada (TSE:ZZZ) had its price target upped by Laurentian from C$35.00 to C$36.00 in a research note issued to investors on Monday.

Several other research firms also recently weighed in on ZZZ. CIBC dropped their target price on shares of Sleep Country Canada from C$40.00 to C$37.00 in a research report on Tuesday, August 7th. Raymond James decreased their target price on shares of Sleep Country Canada from C$39.00 to C$35.00 and set an outperform rating for the company in a research note on Monday, October 29th. Royal Bank of Canada decreased their target price on shares of Sleep Country Canada from C$46.00 to C$43.00 and set an outperform rating for the company in a research note on Tuesday, August 7th. BMO Capital Markets reduced their price objective on shares of Sleep Country Canada from C$39.00 to C$30.00 in a research report on Monday, November 5th. Finally, National Bank Financial reduced their price objective on shares of Sleep Country Canada from C$37.00 to C$34.00 and set an outperform rating for the company in a research report on Wednesday, October 17th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus target price of C$29.44.

Shares of TSE:ZZZ opened at C$23.31 on Monday. The company has a debt-to-equity ratio of 35.64, a current ratio of 1.40 and a quick ratio of 0.66. Sleep Country Canada has a 52 week low of C$19.85 and a 52 week high of C$37.24.

The business also recently announced a quarterly dividend, which was paid on Thursday, November 29th. Shareholders of record on Thursday, November 29th were paid a dividend of $0.185 per share. This represents a $0.74 annualized dividend and a yield of 3.17%. The ex-dividend date was Friday, November 16th. Sleep Country Canada’s dividend payout ratio (DPR) is presently 42.94%.

About Sleep Country Canada

Sleep Country Canada Holdings Inc engages in retailing mattress and bedding related products. The company offers a range of mattresses, adjustable lifestyle bases, pillows, duvets, sheets, headboards, frames, mattress protectors, pillow protectors, and other sleep accessories. The company operates under the Dormez-vous and Sleep Country Canada retail banners.

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Analyst Recommendations for Sleep Country Canada (TSE:ZZZ)

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