Desjardins reiterated their buy rating on shares of Leon's Furniture (TSE:LNF) in a research report released on Friday. They currently have a C$21.00 price target on the stock.

A number of other brokerages have also commented on LNF. BMO Capital Markets restated a market perform rating and set a C$20.00 price target on shares of Leon's Furniture in a research note on Wednesday, November 15th. CIBC restated a neutral rating and set a C$21.00 price target on shares of Leon's Furniture in a research note on Friday, December 1st.

Shares of Leon's Furniture (TSE:LNF) opened at C$18.54 on Friday. The company has a market cap of $1,410.00, a price-to-earnings ratio of 15.07 and a beta of 0.07. Leon's Furniture has a one year low of C$16.19 and a one year high of C$19.57.

In related news, insider Limited Midgemar purchased 55,500 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The shares were bought at an average cost of C$18.15 per share, with a total value of C$1,007,325.00.

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About Leon's Furniture

Leon’s Furniture Limited, together with its subsidiaries, operates as a retailer of furniture, appliances, and home electronics in Canada. The company sells a range of home furniture, mattresses, appliances, and electronics, as well as acts as a commercial retailer of appliances to builders, developers, hotels, and property management companies under the Leon’s, The Brick, The Brick Mattress Store, The Brick Clearance Centre, United Furniture Warehouse, Brick’s Midnorthern Appliance, and Appliance Canada banners.

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