Leon’s Furniture Limited (TSE:LNF – Get Free Report) Senior Officer John Andrew Cooney sold 3,300 shares of the stock in a transaction dated Friday, March 28th. The shares were sold at an average price of C$23.74, for a total transaction of C$78,354.87.
Leon’s Furniture Stock Performance
TSE:LNF opened at C$23.64 on Tuesday. Leon’s Furniture Limited has a 52-week low of C$20.27 and a 52-week high of C$30.64. The business’s fifty day moving average is C$24.62 and its 200 day moving average is C$26.40. The company has a debt-to-equity ratio of 38.14, a quick ratio of 0.53 and a current ratio of 1.38. The firm has a market cap of C$1.63 billion, a price-to-earnings ratio of 12.33 and a beta of 0.82.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on LNF. CIBC set a C$29.00 price objective on Leon’s Furniture and gave the company a “neutral” rating in a research note on Tuesday, December 17th. Royal Bank of Canada cut their price target on Leon’s Furniture from C$32.00 to C$31.00 and set an “outperform” rating for the company in a research note on Thursday, February 27th. Stifel Nicolaus lowered their price objective on Leon’s Furniture from C$30.00 to C$27.00 and set a “hold” rating on the stock in a research note on Wednesday, February 26th. Finally, National Bank Financial upgraded shares of Leon’s Furniture to a “strong-buy” rating in a research report on Thursday, January 30th. Three analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Leon’s Furniture has a consensus rating of “Moderate Buy” and a consensus price target of C$29.00.
About Leon’s Furniture
Leon’s Furniture Ltd is a Canada-based retailer which is involved in the sale of home furnishing, mattresses, appliances, and electronics. The firm is also the country’s commercial retailer of appliances to builders, developers, hotels, and property management companies. It generates maximum revenue from sales of goods by corporate stores.
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