GMP FirstEnergy Believes Sleep Country Canada Hldg (TSX: ZZZ) Still Has Room to Grow

By Carrie Williams

Sleep Country Canada Hldg (TSX: ZZZ), the Services sector company was revisited yesterday, and remains undervalued for at least one analyst on the street. The company received a Buy rating from GMP FirstEnergy’s analyst Martin Landry, with a C$40 price target.

Landry has an average return of 41.9% when recommending Sleep Country Canada Hldg.

According to TipRanks.com, Landry is ranked #699 out of 4578 analysts.

Sleep Country Canada Hldg has an analyst consensus of Strong Buy, with a price target consensus of C$42.80.

The company has a one year high of C$41.31 and a one year low of C$22.12. Currently, Sleep Country Canada Hldg has an average volume of 63.27K.

Sleep Country Canada Holdings, Inc. engages in owning and operating mattress retail stores through its subsidiary, Sleep Country Canada, Inc. Its products include pillows, linens, and mattresses. The company was founded on May 27, 2015 and is headquartered in Toronto, Canada.

The company’s shares closed last Tuesday at $38.88, close to its 52-week high of $41.31.