Sleep Country Canada Holdings Inc (ZZZ) Downgraded by TD Securities
Sleep Country Canada Holdings Inc (TSE:ZZZ) was downgraded by research analysts at TD Securities from a “buy” rating to a “hold” rating in a report released on Thursday, StockTargetPrices.com reports.
Several other research analysts also recently weighed in on ZZZ. Raymond James Financial, Inc. downgraded Sleep Country Canada Holdings from an “outperform” rating to a “market perform” rating and set a C$40.00 target price on the stock. in a research note on Thursday, October 26th. Scotiabank restated an “outperform” rating and set a C$44.00 target price on shares of Sleep Country Canada Holdings in a research note on Tuesday, October 24th. Finally, National Bank Financial dropped their target price on 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. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of C$42.17.
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In related news, insider Dave Howcroft bought 2,900 shares of the stock in a transaction dated Friday, August 25th. The shares were purchased at an average price of C$33.45 per share, for a total transaction 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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