What’s Sleep Country Canada Holdings Inc Downside After Today’s Huge Decline?

 What's Sleep Country Canada Holdings Inc Downside After Today's Huge Decline?

The stock of Sleep Country Canada Holdings Inc (TSE:ZZZ) is a huge mover today! About 75,596 shares traded hands. Sleep Country Canada Holdings Inc (TSE:ZZZ) has risen 48.99% since April 15, 2016 and is uptrending. It has outperformed by 45.13% the S&P500.
The move comes after 6 months negative chart setup for the $1.08 billion company. It was reported on Nov, 21 by Barchart.com. We have $27.04 PT which if reached, will make TSE:ZZZ worth $54.00M 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. $36 is the highest target while $16 is the lowest. The $25.33 average target is -11.00% below today’s ($28.46) stock price. Sleep Country Canada has been the topic of 21 analyst reports since August 20, 2015 according to StockzIntelligence Inc. The stock has “Outperform” rating given by Credit Suisse on Friday, August 21. Scotia Capital initiated the stock with “Sector Outperform” rating in Thursday, August 20 report. The company was initiated on Thursday, August 20 by Raymond James. The firm earned “Buy” rating on Tuesday, October 25 by TD Securities. Scotia Capital maintained Sleep Country Canada Holdings Inc (TSE:ZZZ) on Wednesday, November 2 with “Outperform” rating. The stock has “Outperform” rating given by BMO Capital Markets on Friday, August 21. 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) on Friday, July 29 with “Outperform” rating. The stock of Sleep Country Canada Holdings Inc (TSE:ZZZ) earned “Buy” rating by TD Securities on Friday, August 21. The rating was maintained by Scotia Capital on Friday, September 4 with “Outperform”.

More important 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 article titled: “Sleep Country Canada Holdings Inc slumps in trading debut after $300-million IPO”, Business.Financialpost.com published: “Sleep Country Canada Holdings Inc said to boost IPO 50% to $300 million” on July 09, 2015. More interesting news about Sleep Country Canada Holdings Inc (TSE:ZZZ) was released by: Business.Financialpost.com and their article: “Sleep Country Canada Holdings Inc revenues up 11 per cent in Q2 on mattress …” with publication date: August 06, 2015.

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 23.04 P/E ratio. The Firm operates through Canada segment.

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