Sienna Senior Living (TSE:SIA) Price Target Increased to C$17.50 by Analysts at Desjardins

Sienna Senior Living (TSE:SIA) had its price target lifted by stock analysts at Desjardins from C$16.50 to C$17.50 in a research report issued to clients and investors on Monday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Desjardins’ price target would suggest a potential upside of 13.05% from the company’s previous close.

Several other brokerages have also recently weighed in on SIA. Scotiabank upgraded shares of Sienna Senior Living from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from C$14.50 to C$16.50 in a research note on Friday, May 10th. National Bankshares set a C$17.00 price target on shares of Sienna Senior Living and gave the company an “outperform” rating in a research report on Tuesday, July 23rd. National Bank Financial upgraded Sienna Senior Living to a “strong-buy” rating in a research note on Monday, July 22nd. CIBC raised their price objective on Sienna Senior Living from C$14.00 to C$16.00 and gave the stock a “negative” rating in a research note on Monday, May 13th. Finally, TD Securities upped their target price on Sienna Senior Living from C$17.00 to C$18.00 and gave the company a “buy” rating in a research report on Monday. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$16.71.

Sienna Senior Living Stock Performance

Shares of SIA traded down C$0.29 during midday trading on Monday, reaching C$15.48. The stock had a trading volume of 135,457 shares, compared to its average volume of 247,257. The company has a current ratio of 0.10, a quick ratio of 0.23 and a debt-to-equity ratio of 275.10. The firm has a 50 day simple moving average of C$14.79 and a 200-day simple moving average of C$13.78. The firm has a market cap of C$1.13 billion, a PE ratio of 39.77 and a beta of 1.15. Sienna Senior Living has a one year low of C$9.87 and a one year high of C$15.91.

Sienna Senior Living (TSE:SIA) last posted its earnings results on Thursday, May 9th. The company reported C$0.27 earnings per share for the quarter. The company had revenue of C$230.95 million during the quarter. Sienna Senior Living had a return on equity of 7.45% and a net margin of 3.40%. As a group, sell-side analysts anticipate that Sienna Senior Living will post 0.3264335 EPS for the current year.

About Sienna Senior Living

Sienna Senior Living Inc provides senior living and long-term care (LTC) services in Canada. The company operates through Retirement and LTC segments. It offers independent supportive and assisted living, memory care, and long-term care services; and management services to senior living residences. The company was formerly known as Leisureworld Senior Care Corporation and changed its name to Sienna Senior Living Inc in May 2015.