Shares of Sleep Country Canada Holdings Inc (TSE:ZZZ) have received a consensus rating of “Buy” from the eight brokerages that are covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is C$29.44.
Several equities research analysts have commented on the stock. BMO Capital Markets reaffirmed an “outperform” rating and set a C$30.00 price objective on shares of Sleep Country Canada in a report on Monday, December 3rd. Laurentian upped their price objective on shares of Sleep Country Canada from C$35.00 to C$36.00 in a report on Monday, December 3rd. Scotiabank raised shares of Sleep Country Canada to a “buy” rating and set a C$26.50 price target on the stock in a report on Friday, November 30th. Royal Bank of Canada lowered their price target on shares of Sleep Country Canada from C$39.00 to C$32.00 and set an “outperform” rating on the stock in a report on Monday, November 5th. Finally, Raymond James lowered their price target on shares of Sleep Country Canada from C$35.00 to C$32.00 and set an “outperform” rating on the stock in a report on Monday, November 5th.
TSE ZZZ opened at C$22.25 on Wednesday. Sleep Country Canada has a 52 week low of C$19.85 and a 52 week high of C$37.24. The company has a current ratio of 1.40, a quick ratio of 0.66 and a debt-to-equity ratio of 35.64.
Sleep Country Canada Company Profile
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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