In a new note to investors yesterday, an analyst has provided a rating update for the Services sector company, Sleep Country Canada Hldg (ZZZ). Analyst Matt Bank from CIBC rated Sleep Country Canada Hldg (ZZZ) a Buy, setting a C$24 price target.
According to TipRanks.com, Bank is ranked #4909 out of 5239 analysts.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sleep Country Canada Hldg with a C$22 average price target.
Based on Sleep Country Canada Hldg’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of C$12.18 million. In comparison, last year the company had a net profit of C$12.28 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$19.99.
