Could Sleep Country Canada Holdings Inc Recover After Today’s Huge Decline?

 Could Sleep Country Canada Holdings Inc Recover After Today's Huge Decline?

The stock of Sleep Country Canada Holdings Inc (TSE:ZZZ) is a huge mover today! About 139,895 shares traded hands. Sleep Country Canada Holdings Inc (TSE:ZZZ) has risen 56.49% since March 10, 2016 and is uptrending. It has outperformed by 50.88% the S&P500.
The move comes after 8 months negative chart setup for the $1.10B company. It was reported on Oct, 17 by Barchart.com. We have $27.70 PT which if reached, will make TSE:ZZZ worth $55.00M less.

Sleep Country Canada Holdings Inc (TSE:ZZZ) Ratings Coverage

Out of 5 analysts covering Sleep Country Canada (TSE:ZZZ), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. $35 is the highest target while $16 is the lowest. The $24.67 average target is -15.40% below today’s ($29.16) stock price. Sleep Country Canada has been the topic of 18 analyst reports since August 20, 2015 according to StockzIntelligence Inc. The company was initiated on Thursday, August 20 by Raymond James. The firm has “Outperform” rating by Scotia Capital given on Thursday, September 22. The company was initiated on Friday, August 21 by BMO Capital Markets. The firm has “Outperform” rating given on Friday, August 21 by Credit Suisse. The rating was initiated by Scotia Capital with “Sector Outperform” on Thursday, August 20. The firm has “Buy” rating by TD Securities given on Friday, August 21. The stock has “Sector Outperformer” rating given by IBC on Thursday, August 20. Scotia Capital maintained the shares of ZZZ in a report on Friday, September 4 with “Outperform” rating. The stock of Sleep Country Canada Holdings Inc (TSE:ZZZ) has “Outperform” rating given on Friday, July 29 by Scotia Capital.

More notable recent Sleep Country Canada Holdings Inc (TSE:ZZZ) news were published by: Theglobeandmail.com which released: “The Globe and Mail” on August 14, 2015, also Wsj.com with their article: “Sleep Country Canada Holdings Raises Size of IPO” published on July 09, 2015, Business.Financialpost.com published: “Sleep Country Canada Holdings Inc slumps in trading debut after $300-million IPO” on July 16, 2015. More interesting news about Sleep Country Canada Holdings Inc (TSE:ZZZ) were released by: Business.Financialpost.com and their article: “Sleep Country Canada Holdings Inc revenues up 11 per cent in Q2 on mattress …” published on August 06, 2015 as well as Business.Financialpost.com‘s news article titled: “‘Distracted’ competitors presents opportunity for Sleep Country Canada” with publication date: July 21, 2016.

Sleep Country Canada Holdings Inc. is a Canada mattress retailer. The company has a market cap of $1.10 billion. The Firm operates under two mattress retail banners: Dormez-vous?, the retailer of mattresses in Quebec, and Sleep Country Canada, the mattress retailer in the rest of Canada. It has a 27.46 P/E ratio. The Firm operates through Canada segment.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment