Scotiabank Keeps a Buy Rating on Sleep Country Canada Hldg (ZZZ)


Shares of Sleep Country Canada Hldg (ZZZ) were revisited by a Wall Street analyst today. Analyst Patricia Baker from Scotiabank rated Sleep Country Canada Hldg (ZZZ) a Buy, setting a C$25 price target.

According to TipRanks.com, Baker is a 4-star analyst with an average return of 3.6% and a 56.0% success rate. Baker covers the Services sector, focusing on stocks such as Walgreens Boots Alliance, Loblaw Companies Limited, and Canadian Tire Corp Ltd.

Read also: Kraft Heinz (KHC): There Goes the Buy Rating, Merrill Lynch Downgrades the Stock

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sleep Country Canada Hldg with a C$26.29 average price target, which is a 22.6% upside from current levels. In a report issued on February 26, Raymond James also maintained a Buy rating on the stock with a C$32 price target.

.

Sleep Country Canada Hldg’s market cap is currently C$762.8M and has a P/E ratio of 13.5. The company has a Price to Book ratio of 2.57.

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 Thursday at C$21.44, close to its 52-week low of C$18.79.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts