RBC Capital Thinks Sleep Country Canada Hldg’s Stock is Going to Recover


Sleep Country Canada Hldg (ZZZ), the Services sector company, was revisited by a Wall Street analyst today. The company received a Buy rating from RBC Capital’s analyst Sabahat Khan, with a C$23 price target.

According to TipRanks.com, Khan is ranked #2086 out of 5194 analysts.

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Currently, the analyst consensus on Sleep Country Canada Hldg is a Moderate Buy with an average price target of C$25.43.

Based on Sleep Country Canada Hldg’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of C$13.31 million. In comparison, last year the company had a net profit of C$10.32 million.

Sleep Country Canada Holdings, Inc. engages in the retail of mattress. It operates through the Sleep Country Canada and Dormez-vous. Its products include mattresses, adjustable lifestyle bases, pillows, duvets, sheets, headboards, frames, mattress protectors, and pillow protectors.

The company’s shares closed on Friday at C$18.77, close to its 52-week low of C$18.65.

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