Leon's Furniture Limited has seen a positive week despite the lack of major news.
Leon's Furniture Limited (LNF.TO) has experienced a 2.82% increase in stock value over the past week, closing at C$24.81. While no significant company news has surfaced recently, retail investors may find interest in the stock's performance and technical indicators.
Advertisement
Leon's Furniture Limited
LNF.TO
LNF.TO
Leon's Furniture Limited
WealthAwesomeMarket cap
$1.71B
P/E
10.8x
Div. yield
5.97%
Div. / share
$1.46
52W high
$28.86
52W low
$23.24
1W change
+2.82%
Beta
0.99
Analyst Price Targets
Based on analyst covering LNF
Wall Street analysts forecast LNF stock price to rise 33.9% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$33.21
+33.9% Upside
Current Price
C$24.81
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on LNF's historical volatility
30-Day Vol
23.6%
Annualized
90-Day Vol
19.5%
Annualized
Trend (90d)
+10.1%
Annualized drift
90d Mean
C$25.72
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$25.11 | C$23.15 โ C$27.24 |
| 60 trading days | C$25.41 | C$22.65 โ C$28.51 |
| 90 trading days | C$25.72 | C$22.34 โ C$29.61 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Investor takeaway: With a stable price performance and a positive technical outlook, Leon's Furniture Limited remains a noteworthy option for Canadian retail investors looking at the consumer discretionary sector.
Leon's Furniture Limited's stock has a 52-week range of C$23.24 โ C$28.86.
Currently, the stock is trading at 28% of its 52-week range, suggesting it is near the lower end of its historical pricing spectrum.
Bull case
The stock's current valuation looks appealing with a P/E ratio of 10.787, indicating potential for growth as market conditions improve. Analysts are optimistic, with an average target price of C$33.21, suggesting a possible upside of 33.9%.
Bear case
On the downside, the stock has declined by 12.15% year-to-date, which might raise concerns about its ability to recover soon. Additionally, the 200-day moving average is above the current price, signaling a long-term downward trend.
Recent Price Action
Advertisement
Leon's Furniture Limited has seen its stock price close at C$24.81, reflecting no change in the last trading session. Over the past week, the stock has appreciated by 2.82%, while it has gained 5.04% over the past month. However, year-to-date performance remains negative with a decline of 12.15%.
Technical Picture
Analyzing the technical aspects, Leon's Furniture Limited is currently above its 50-day moving average of C$24.23 by 2.4%, indicating short-term positive momentum. However, it remains below its 200-day moving average of C$26.19, which is 5.3% higher than the current price. The stock has a beta of 0.99, suggesting it moves in line with the broader market, and the latest trading volume of 22,408 shares is slightly above the 20-day average volume of 21,357 shares.
Analyst Outlook
The average analyst target for Leon's Furniture Limited is set at C$33.21, which presents an implied upside of approximately 33.9%. This bullish outlook may attract investors looking for potential growth opportunities within the consumer discretionary sector.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile โโ Reviewed by Certified Financial Professionals
This content has been reviewed by CFAยฎ charterholders and Certified Financial Planners (CFPยฎ) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFAยฎ charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFPยฎ professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
โ ๏ธ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
