Sleep Country Canada Holdings Inc (ZZZ) Earns Outperform Rating from Scotiabank
Sleep Country Canada Holdings Inc (TSE:ZZZ)‘s stock had its “outperform” rating reiterated by investment analysts at Scotiabank in a research report issued on Tuesday. They presently have a C$44.00 price target on the stock. Scotiabank’s price objective would indicate a potential upside of 14.11% from the company’s current price.
ZZZ has been the subject of several other research reports. TD Securities reduced their price objective on shares of Sleep Country Canada Holdings from C$44.00 to C$42.00 and set a “buy” rating for the company in a research note on Friday, August 4th. National Bank Financial reduced their price objective on shares of Sleep Country Canada Holdings from C$45.00 to C$40.00 and set an “outperform” rating for the company in a research note on Friday, August 4th. Five investment analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average target price of C$42.17.
Sleep Country Canada Holdings (ZZZ) traded down 0.54% on Tuesday, hitting $38.56. 67,556 shares of the company traded hands. Sleep Country Canada Holdings has a 12 month low of $26.73 and a 12 month high of $42.36. The stock has a market cap of $1.45 billion and a PE ratio of 26.98. The stock’s 50-day moving average is $35.73 and its 200 day moving average is $37.15.
In other Sleep Country Canada Holdings news, insider Dave Howcroft bought 2,900 shares of the business’s stock in a transaction on Friday, August 25th. The stock was bought at an average price of C$33.45 per share, for a total transaction of C$97,005.00.
Sleep Country Canada Holdings Company Profile
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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