Sleep Country Canada Holdings Inc (TSE:ZZZ) had its price objective lowered by analysts at Raymond James Financial, Inc. from C$40.00 to C$38.00 in a note issued to investors on Friday. The firm presently has a “market perform” rating on the stock. Raymond James Financial, Inc.’s price target suggests a potential upside of 12.59% from the company’s current price.

A number of other research analysts have also recently issued reports on ZZZ. Scotiabank restated an “outperform” rating and set a C$44.00 price objective on shares of Sleep Country Canada Holdings in a report on Monday, July 24th. National Bank Financial decreased 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 report on Friday, August 4th. CIBC decreased their price objective on shares of Sleep Country Canada Holdings from C$44.00 to C$42.00 in a report on Thursday. TD Securities boosted their price objective on shares of Sleep Country Canada Holdings from C$42.00 to C$45.00 and gave the company a “buy” rating in a report on Wednesday, October 11th. Finally, BMO Capital Markets decreased their price objective on shares of Sleep Country Canada Holdings from C$44.00 to C$41.00 in a report on Friday. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of C$40.83.

Sleep Country Canada Holdings (ZZZ) traded down C$4.68 during trading on Friday, reaching C$33.92. 211,468 shares of the company traded hands.

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In other Sleep Country Canada Holdings news, insider Dave Howcroft acquired 2,900 shares of the business’s stock in a transaction dated Friday, August 25th. The shares were acquired at an average price of C$33.45 per share, with a total value 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.

Analyst Recommendations for Sleep Country Canada Holdings (TSE:ZZZ)

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