Leon’s Furniture (TSE:LNF – Get Free Report) was upgraded by analysts at Stifel Canada to a “hold” rating in a research note issued on Tuesday, Zacks.com reports.
A number of other brokerages have also weighed in on LNF. Stifel Nicolaus set a C$30.00 price target on shares of Leon’s Furniture and gave the company a “hold” rating in a report on Wednesday. Acumen Capital set a C$34.00 price target on shares of Leon’s Furniture and gave the company a “buy” rating in a report on Wednesday, August 21st.
Check Out Our Latest Research Report on LNF
Leon’s Furniture Stock Down 4.2 %
Leon’s Furniture (TSE:LNF – Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported C$0.44 earnings per share (EPS) for the quarter. Leon’s Furniture had a net margin of 5.84% and a return on equity of 14.68%. The firm had revenue of C$617.66 million for the quarter. As a group, sell-side analysts anticipate that Leon’s Furniture will post 2.2104466 earnings per share for the current year.
Insider Activity at Leon’s Furniture
In related news, Senior Officer John Andrew Cooney sold 3,800 shares of Leon’s Furniture stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of C$30.00, for a total transaction of C$114,000.00. Company insiders own 69.49% of the company’s stock.
About Leon’s Furniture
Leon's Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada. It operates in two segments, Leon's and The Brick. The company provides repair services for household furniture, electronics, and appliances; home office products; warranties; and credit insurance products, including life, dismemberment, disability, critical illness, and involuntary unemployment.
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