Sleep Country Canada Holdings Inc (ZZZ) Price Target Raised to C$45.00
Sleep Country Canada Holdings Inc (TSE:ZZZ) had its target price raised by research analysts at TD Securities from C$42.00 to C$45.00 in a research note issued on Wednesday. The firm presently has a “buy” rating on the stock. TD Securities’ price target would suggest a potential upside of 13.07% from the stock’s current price.
Other research analysts have also recently issued reports about the stock. Scotiabank reissued an “outperform” rating and issued a C$44.00 price objective on shares of Sleep Country Canada Holdings in a research note on Monday, July 24th. National Bank Financial decreased their target price on shares of Sleep Country Canada Holdings from C$45.00 to C$40.00 and set an “outperform” rating on the stock in a research note on Friday, August 4th. Five research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus target price of C$42.17.
Sleep Country Canada Holdings (ZZZ) traded up 4.79% on Wednesday, reaching $39.80. The company’s stock had a trading volume of 226,195 shares. The firm’s 50 day moving average is $34.92 and its 200-day moving average is $34.92. The firm has a market cap of $1.50 billion and a P/E ratio of 27.85. Sleep Country Canada Holdings has a 12 month low of $26.82 and a 12 month high of $40.02.
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In related news, insider Dave Howcroft bought 2,900 shares of the firm’s stock in a transaction on Friday, August 25th. The shares were purchased at an average price of C$33.45 per share, with a total value of C$97,005.00.
About Sleep Country Canada Holdings
Sleep Country Canada Holdings Inc operates as a specialty mattress retailer in Canada. The company offers a range of mattresses; and sleep related products and accessories, such as bed frames, pillows, mattress pads, sheets, duvets, headboards, and footboards. As of September 6, 2017, it operated 244 corporate-owned stores, including 191 Sleep Country stores across Canada and 53 Dormez-vous stores in Quebec.
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