Leon’s Furniture Limited (TSE:LNF) Senior Officer John Andrew Cooney Sells 3,300 Shares

Leon’s Furniture Limited (TSE:LNF) Senior Officer John Andrew Cooney sold 3,300 shares of the company’s stock in a transaction on Friday, March 28th. The stock was sold at an average price of C$23.74, for a total value of C$78,354.87.

Leon’s Furniture Stock Up 1.0 %

LNF stock opened at C$23.91 on Thursday. The firm’s 50-day moving average is C$24.57 and its two-hundred day moving average is C$26.32. The company has a market capitalization of C$1.65 billion, a price-to-earnings ratio of 12.47 and a beta of 0.82. Leon’s Furniture Limited has a 52 week low of C$20.27 and a 52 week high of C$30.64. The company has a current ratio of 1.38, a quick ratio of 0.53 and a debt-to-equity ratio of 38.14.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on LNF shares. CIBC set a C$29.00 price target on shares of Leon’s Furniture and gave the stock a “neutral” rating in a research report on Tuesday, December 17th. National Bank Financial upgraded shares of Leon’s Furniture to a “strong-buy” rating in a research report on Thursday, January 30th. Stifel Nicolaus cut their price target on Leon’s Furniture from C$30.00 to C$27.00 and set a “hold” rating on the stock in a report on Wednesday, February 26th. Finally, Royal Bank of Canada decreased their price objective on Leon’s Furniture from C$32.00 to C$31.00 and set an “outperform” rating for the company in a report on Thursday, February 27th. Three investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$29.00.

About Leon’s Furniture

Leon’s Furniture Ltd is a Canada-based retailer which is involved in the sale of home furnishing, mattresses, appliances, and electronics. The firm is also the country’s commercial retailer of appliances to builders, developers, hotels, and property management companies. It generates maximum revenue from sales of goods by corporate stores.