Sleep Country Canada (TSE:ZZZ) Given New C$31.00 Price Target at National Bankshares

Sleep Country Canada (TSE:ZZZ) had its price target hoisted by National Bankshares from C$28.00 to C$31.00 in a report released on Friday, BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. National Bankshares’ price objective would suggest a potential upside of 8.32% from the company’s previous close.

ZZZ has been the subject of several other reports. Stifel Nicolaus boosted their price objective on shares of Sleep Country Canada from C$28.00 to C$33.50 in a report on Friday. Royal Bank of Canada lifted their target price on shares of Sleep Country Canada from C$24.00 to C$28.00 and gave the company a “sector perform” rating in a research note on Friday. BMO Capital Markets boosted their target price on Sleep Country Canada from C$28.00 to C$35.00 and gave the stock an “outperform” rating in a research report on Friday. CIBC reduced their target price on shares of Sleep Country Canada from C$28.00 to C$27.00 and set an “outperform” rating on the stock in a report on Monday, November 13th. Finally, TD Securities upped their target price on shares of Sleep Country Canada from C$31.00 to C$34.00 and gave the company a “buy” rating in a research report on Friday. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$32.43.

Sleep Country Canada Stock Down 1.9 %

Shares of ZZZ stock traded down C$0.56 during mid-day trading on Friday, hitting C$28.62. The company’s stock had a trading volume of 95,986 shares, compared to its average volume of 67,944. The company has a debt-to-equity ratio of 102.62, a quick ratio of 0.35 and a current ratio of 0.90. Sleep Country Canada has a 52-week low of C$21.31 and a 52-week high of C$29.32. The stock has a market cap of C$991.40 million, a price-to-earnings ratio of 11.54, a PEG ratio of 0.39 and a beta of 1.59. The business has a 50-day moving average price of C$26.65 and a 200 day moving average price of C$24.63.

Insider Transactions at Sleep Country Canada

In related news, Senior Officer Dave Howcroft sold 19,583 shares of the company’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of C$25.59, for a total value of C$501,128.97. Company insiders own 1.68% of the company’s stock.

Sleep Country Canada Company Profile

Sleep Country Canada Holdings Inc engages in retailing mattress and bedding-related products in Canada. The company offers a range of mattresses, adjustable lifestyle bases, pillows, duvets, duvet covers, mattress toppers and protectors, pet beds, weighted blankets, throws, sheets, headboards, footboards, frames, mattress and pillowcases, blankets, mattress pads, and other sleep accessories.