What’s in Sleep Country Canada Holdings Inc After Today’s Huge Increase?

 What's in Sleep Country Canada Holdings Inc After Today's Huge Increase?

The stock of Sleep Country Canada Holdings Inc (TSE:ZZZ) is a huge mover today! About 23,576 shares traded hands. Sleep Country Canada Holdings Inc (TSE:ZZZ) has risen 42.40% since April 13, 2016 and is uptrending. It has outperformed by 37.78% the S&P500.
The move comes after 7 months positive chart setup for the $1.08 billion company. It was reported on Nov, 17 by Barchart.com. We have $44.69 PT which if reached, will make TSE:ZZZ worth $637.20M more.

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. $36 is the highest target while $16 is the lowest. The $25.33 average target is -9.89% below today’s ($28.11) stock price. Sleep Country Canada has been the topic of 21 analyst reports since August 20, 2015 according to StockzIntelligence Inc. BMO Capital Markets initiated Sleep Country Canada Holdings Inc (TSE:ZZZ) on Friday, August 21 with “Outperform” rating. IBC initiated Sleep Country Canada Holdings Inc (TSE:ZZZ) on Thursday, August 20 with “Sector Outperformer” rating. Scotia Capital maintained Sleep Country Canada Holdings Inc (TSE:ZZZ) rating on Wednesday, November 2. Scotia Capital has “Outperform” rating and $35 price target. The firm has “Buy” rating by TD Securities given on Wednesday, November 2. Credit Suisse initiated Sleep Country Canada Holdings Inc (TSE:ZZZ) rating on Friday, August 21. Credit Suisse has “Outperform” rating and $18 price target. The company was initiated on Thursday, August 20 by Raymond James. Scotia Capital maintained the stock with “Outperform” rating in Thursday, September 22 report. The rating was maintained by TD Securities on Tuesday, October 25 with “Buy”. The firm earned “Outperform” rating on Friday, July 29 by Scotia Capital. TD Securities initiated it with “Buy” rating and $17 target price in Friday, August 21 report.

More 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 Business.Financialpost.com published the news titled: “Sleep Country Canada Holdings Inc slumps in trading debut after $300-million IPO” on July 16, 2015. Business.Financialpost.com‘s news article titled: “Sleep Country Canada Holdings Inc said to boost IPO 50% to $300 million” with publication date: July 09, 2015 was also an interesting one.

Sleep Country Canada Holdings Inc. is a Canada mattress retailer. The company has a market cap of $1.08 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 22.75 P/E ratio. The Firm operates through Canada segment.

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