Brookdale Senior Living Rating Reiterated by Deutsche Bank (BKD)
Brookdale Senior Living (NYSE:BKD)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank in a report released on Friday. They currently have a $42.00 price objective on the stock. Deutsche Bank’s price objective would suggest a potential upside of 20.38% from the stock’s previous close.
BKD has been the subject of a number of other recent research reports. Analysts at Zacks upgraded shares of Brookdale Senior Living from an “underperform” rating to a “neutral” rating in a research note on Tuesday, June 10th. They now have a $34.80 price target on the stock. Separately, analysts at S&P Equity Research downgraded shares of Brookdale Senior Living from a “buy” rating to a “hold” rating in a research note on Thursday, June 5th. They now have a $35.00 price target on the stock. Finally, analysts at Jefferies Group initiated coverage on shares of Brookdale Senior Living in a research note on Monday, June 2nd. They set a “buy” rating and a $40.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $37.97.
Brookdale Senior Living (NYSE:BKD) traded up 2.89% during mid-day trading on Friday, hitting $34.89. The stock had a trading volume of 2,523,292 shares. Brookdale Senior Living has a 52 week low of $24.42 and a 52 week high of $34.80. The stock has a 50-day moving average of $33.48 and a 200-day moving average of $31.35. The company’s market cap is $4.355 billion.
Brookdale Senior Living (NYSE:BKD) last released its earnings data on Wednesday, May 7th. The company reported ($0.02) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.06 by $0.08. The company had revenue of $747.30 million for the quarter, compared to the consensus estimate of $746.76 million. During the same quarter in the prior year, the company posted $0.03 earnings per share. The company’s quarterly revenue was up 4.9% on a year-over-year basis. Analysts expect that Brookdale Senior Living will post $0.20 EPS for the current fiscal year.
Brookdale Senior Living Inc (NYSE:BKD) is an owner and operator of senior living communities throughout the United States.
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