Zacks Upgrades Brookdale Senior Living to Outperform (BKD)
Brookdale Senior Living (NYSE:BKD) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report issued on Monday, StockRatingsNetwork.com reports. The firm currently has a $30.90 target price on the stock. Zacks‘ price target would indicate a potential upside of 6.74% from the stock’s previous close.
Brookdale Senior Living (NYSE:BKD) traded up 0.56% during mid-day trading on Monday, hitting $28.95. 976,097 shares of the company’s stock traded hands. Brookdale Senior Living has a 52 week low of $24.42 and a 52 week high of $30.65. The stock has a 50-day moving average of $27.58 and a 200-day moving average of $27.50. The company’s market cap is $3.599 billion.
Brookdale Senior Living (NYSE:BKD) last released its earnings data on Thursday, February 6th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by $0.04. The company had revenue of $734.23 million for the quarter, compared to the consensus estimate of $724.04 million. During the same quarter in the previous year, the company posted ($0.20) earnings per share. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. On average, analysts predict that Brookdale Senior Living will post $0.30 EPS for the current fiscal year.
BKD has been the subject of a number of other recent research reports. Analysts at Deutsche Bank raised their price target on shares of Brookdale Senior Living from $37.00 to $38.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. One analyst has rated the stock with a sell rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $33.82.
Brookdale Senior Living Inc (NYSE:BKD) is an owner and operator of senior living communities throughout the United States.
To view Zacks’ full report, visit www.zacks.com
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