Insider Buying: Leon's Furniture Ltd. (LNF) Insider Purchases C$1,007,325.00 in Stock
Leon's Furniture Ltd. (TSE:LNF) insider Limited Midgemar bought 55,500 shares of the company’s stock in a transaction that occurred on Tuesday, December 12th. The stock was bought at an average cost of C$18.15 per share, for a total transaction of C$1,007,325.00.
Shares of Leon's Furniture Ltd. (TSE LNF) opened at C$18.28 on Friday. Leon's Furniture Ltd. has a 52 week low of C$16.19 and a 52 week high of C$19.57.
A number of research firms recently commented on LNF. BMO Capital Markets reaffirmed a “market perform” rating and issued a C$20.00 target price on shares of Leon's Furniture in a research report on Wednesday, November 15th. CIBC reiterated 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.
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Leons 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 Leons, The Brick, The Brick Mattress Store, The Brick Clearance Centre, United Furniture Warehouse, Bricks Midnorthern Appliance, and Appliance Canada banners.
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