Sleep Country Canada (TSE:ZZZ – Get Rating) had its price objective decreased by Royal Bank of Canada from C$28.00 to C$26.00 in a report published on Tuesday morning, BayStreet.CA reports. Royal Bank of Canada currently has a sector perform rating on the stock.
A number of other analysts have also issued reports on ZZZ. CIBC decreased their price target on Sleep Country Canada from C$29.00 to C$24.00 in a research note on Tuesday. TD Securities decreased their price target on Sleep Country Canada from C$33.00 to C$30.00 and set a buy rating on the stock in a research note on Tuesday. National Bankshares decreased their price target on Sleep Country Canada from C$35.00 to C$28.00 and set a sector perform rating on the stock in a research note on Tuesday. Stifel Nicolaus decreased their price target on Sleep Country Canada from C$33.00 to C$28.00 in a research note on Tuesday. Finally, BMO Capital Markets decreased their price target on Sleep Country Canada from C$36.00 to C$31.00 in a research note on Tuesday.
Sleep Country Canada Stock Up 1.4 %
ZZZ opened at C$21.23 on Tuesday. The company has a quick ratio of 0.33, a current ratio of 0.96 and a debt-to-equity ratio of 95.89. The firm has a market cap of C$760.31 million and a P/E ratio of 7.61. Sleep Country Canada has a 52 week low of C$19.66 and a 52 week high of C$41.97. The business’s fifty day simple moving average is C$23.76 and its 200 day simple moving average is C$25.64.
Sleep Country Canada Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 30th. Stockholders of record on Wednesday, November 30th will be paid a $0.215 dividend. This represents a $0.86 annualized dividend and a dividend yield of 4.05%. The ex-dividend date is Friday, November 18th. Sleep Country Canada’s dividend payout ratio is currently 28.67%.
About Sleep Country Canada
Sleep Country Canada Holdings Inc engages in retailing mattress and bedding-related products in Canada. The company offers a range of mattresses, adjustable lifestyle bases, pillows, duvets, duvet covers, mattress toppers and protectors, pet beds, weighted blankets, throws, sheets, headboards, footboards, frames, mattress and pillowcases, platforms, metal frames, blankets, mattress pads, and other sleep accessories.
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