Sienna Senior Living (TSE:SIA) Upgraded by Royal Bank Of Canada to Outperform Rating

Sienna Senior Living (TSE:SIA) was upgraded by investment analysts at Royal Bank Of Canada from a “sector perform” rating to an “outperform” rating in a note issued to investors on Tuesday,BayStreet.CA reports. The brokerage currently has a C$26.00 target price on the stock, up from their prior target price of C$25.00. Royal Bank Of Canada’s price objective indicates a potential upside of 18.34% from the stock’s previous close.

Several other equities analysts have also issued reports on the stock. Canaccord Genuity Group boosted their target price on shares of Sienna Senior Living from C$26.00 to C$27.50 and gave the company a “buy” rating in a report on Thursday, May 7th. National Bank Financial increased their price target on Sienna Senior Living from C$27.50 to C$28.50 and gave the stock an “outperform” rating in a report on Thursday, August 6th. TD lifted their price objective on Sienna Senior Living from C$27.00 to C$28.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. ATB Cormark Capital Markets boosted their price objective on Sienna Senior Living from C$26.00 to C$27.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Finally, Scotia raised their target price on Sienna Senior Living from C$25.00 to C$26.00 and gave the stock a “sector outperform” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the company. According to MarketBeat, Sienna Senior Living has a consensus rating of “Buy” and a consensus target price of C$26.45.

Sienna Senior Living Trading Up 1.6%

Shares of TSE SIA traded up C$0.35 during midday trading on Tuesday, reaching C$21.97. The stock had a trading volume of 381,235 shares, compared to its average volume of 345,452. The firm has a market cap of C$2.44 billion, a price-to-earnings ratio of 45.77 and a beta of 1.07. Sienna Senior Living has a twelve month low of C$17.35 and a twelve month high of C$24.07. The company has a debt-to-equity ratio of 148.98, a quick ratio of 0.23 and a current ratio of 0.56. The company’s 50 day moving average price is C$22.31 and its 200 day moving average price is C$22.45.

Sienna Senior Living (TSE:SIA) last posted 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 4.83% and a return on equity of 6.58%. The company had revenue of C$277.08 million for the quarter. As a group, sell-side analysts expect that Sienna Senior Living will post 0.4595351 EPS 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.