Royal Bank of Canada Boosts Sleep Country Canada (TSE:ZZZ) Price Target to C$22.00

Share on StockTwits

Sleep Country Canada (TSE:ZZZ) had its price objective upped by Royal Bank of Canada from C$20.00 to C$22.00 in a report issued on Monday morning, BayStreet.CA reports. They currently have a sector perform rating on the stock.

Other equities research analysts also recently issued reports about the company. TD Securities cut their price target on Sleep Country Canada from C$23.00 to C$19.00 and set a hold rating for the company in a research note on Wednesday, May 8th. BMO Capital Markets cut their price target on Sleep Country Canada from C$25.00 to C$21.00 in a research note on Wednesday, May 8th. CIBC cut their price target on Sleep Country Canada from C$21.00 to C$20.00 in a research note on Wednesday, May 8th. Raymond James set a C$30.00 price target on Sleep Country Canada and gave the company an outperform rating in a research note on Wednesday, May 8th. Finally, National Bank Financial cut their price target on Sleep Country Canada from C$24.00 to C$22.00 and set a sector perform rating for the company in a research note on Wednesday, May 1st. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of C$25.06.

Sleep Country Canada stock opened at C$20.62 on Monday. The company’s 50-day moving average price is C$18.83. The company has a market cap of $742.57 million and a P/E ratio of 13.57. Sleep Country Canada has a 52-week low of C$16.01 and a 52-week high of C$33.20. The company has a current ratio of 1.03, a quick ratio of 0.29 and a debt-to-equity ratio of 167.76.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 29th. Investors of record on Thursday, August 29th will be paid a dividend of $0.195 per share. The ex-dividend date is Monday, August 19th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 3.78%. Sleep Country Canada’s dividend payout ratio (DPR) is presently 49.34%.

About Sleep Country Canada

Sleep Country Canada Holdings Inc, together with its subsidiaries, engages in retailing mattress and bedding related products in Canada. The company offers a range of mattresses, adjustable lifestyle bases, box spring bases, pillows, duvets, sheets, headboards, footboards, frames, mattress and pillow protectors, platforms, and other sleep accessories.

Further Reading: What Are Cryptocurrencies?

Analyst Recommendations for Sleep Country Canada (TSE:ZZZ)

Receive News & Ratings for Sleep Country Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sleep Country Canada and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

China Gold International Resrcs  Stock Price Crosses Above 200-Day Moving Average of $1.21
China Gold International Resrcs Stock Price Crosses Above 200-Day Moving Average of $1.21
Patriot National Bancorp  Share Price Passes Above 200 Day Moving Average of $14.99
Patriot National Bancorp Share Price Passes Above 200 Day Moving Average of $14.99
French Connection Group  Share Price Passes Above Two Hundred Day Moving Average of $40.30
French Connection Group Share Price Passes Above Two Hundred Day Moving Average of $40.30
TransAlta  Share Price Passes Above Two Hundred Day Moving Average of $8.70
TransAlta Share Price Passes Above Two Hundred Day Moving Average of $8.70
Black Iron  Stock Price Passes Above Two Hundred Day Moving Average of $0.09
Black Iron Stock Price Passes Above Two Hundred Day Moving Average of $0.09
OTC Markets Group  Stock Price Crosses Above 200-Day Moving Average of $33.30
OTC Markets Group Stock Price Crosses Above 200-Day Moving Average of $33.30


© 2006-2019 Ticker Report