Sienna Senior Living (TSE:SIA) Price Target Raised to C$27.00 at ATB Cormark Capital Markets

Sienna Senior Living (TSE:SIA) had its price target raised by equities researchers at ATB Cormark Capital Markets from C$26.00 to C$27.00 in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. ATB Cormark Capital Markets’ target price would indicate a potential upside of 20.11% from the stock’s previous close.

A number of other research analysts also recently issued reports on the stock. Scotia raised their price target on shares of Sienna Senior Living from C$25.00 to C$26.00 and gave the stock a “sector outperform” rating in a research report on Thursday, May 7th. TD increased their price objective on shares of Sienna Senior Living from C$26.00 to C$27.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. National Bank Financial raised their target price on shares of Sienna Senior Living from C$27.50 to C$28.50 and gave the stock an “outperform” rating in a report on Thursday. Finally, Canaccord Genuity Group lifted their target price on Sienna Senior Living from C$26.00 to C$27.50 and gave the company a “buy” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of C$26.36.

Sienna Senior Living Stock Performance

SIA traded down C$0.26 during trading hours on Thursday, hitting C$22.48. 216,718 shares of the stock were exchanged, compared to its average volume of 336,245. The stock has a 50-day simple moving average of C$22.26 and a 200-day simple moving average of C$22.45. Sienna Senior Living has a 12 month low of C$17.35 and a 12 month high of C$24.07. The stock has a market cap of C$2.39 billion, a price-to-earnings ratio of 46.83 and a beta of 1.07. The company has a debt-to-equity ratio of 165.07, a current ratio of 0.60 and a quick ratio of 0.23.

Sienna Senior Living (TSE:SIA) last released its quarterly earnings data on Tuesday, August 4th. The company reported C$0.11 EPS for the quarter. Sienna Senior Living had a net margin of 4.34% and a return on equity of 6.44%. The firm had revenue of C$277.08 million during the quarter. Analysts anticipate that Sienna Senior Living will post 0.4595351 earnings per share for the current year.

Sienna Senior Living Company Profile

Sienna Senior Living Inc (TSX:SIA) offers a full range of senior living options, including independent living, assisted living and memory care under its Aspira retirement brand, long-term care, and specialized programs and services. Sienna’s approximately 15,000 employees are passionate about cultivating happiness in daily life.