Sienna Senior Living (TSE:SIA) Reaches New 1-Year High – Should You Buy?

Sienna Senior Living Inc. (TSE:SIA)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$23.24 and last traded at C$23.07, with a volume of 7052 shares trading hands. The stock had previously closed at C$23.13.

Wall Street Analyst Weigh In

Several brokerages have commented on SIA. Canaccord Genuity Group set a C$24.50 target price on Sienna Senior Living and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Canadian Imperial Bank of Commerce raised shares of Sienna Senior Living from a “hold” rating to an “outperform” rating and increased their price target for the stock from C$20.00 to C$23.00 in a report on Tuesday, November 18th. Scotiabank boosted their price objective on shares of Sienna Senior Living from C$20.00 to C$22.50 in a research note on Monday, November 17th. Royal Bank Of Canada upped their target price on shares of Sienna Senior Living from C$20.00 to C$22.00 and gave the stock a “sector perform” rating in a report on Monday, November 24th. Finally, Desjardins raised their price target on shares of Sienna Senior Living from C$21.00 to C$23.00 and gave the company a “buy” rating in a report on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Sienna Senior Living has an average rating of “Buy” and an average target price of C$22.67.

Sienna Senior Living Price Performance

The firm has a market capitalization of C$2.19 billion, a PE ratio of 52.84 and a beta of 0.91. The company has a debt-to-equity ratio of 215.47, a current ratio of 0.43 and a quick ratio of 0.23. The business’s 50 day moving average is C$21.39 and its two-hundred day moving average is C$19.78.

About Sienna Senior Living

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.