Brookdale Senior Living PT Raised to $36.00 at Barclays (BKD)
Equities research analysts at Barclays hoisted their target price on shares of Brookdale Senior Living (NYSE:BKD) from $34.00 to $36.00 in a research note issued to investors on Friday. Barclays’ price objective suggests a potential upside of 9.16% from the stock’s previous close.
Shares of Brookdale Senior Living (NYSE:BKD) opened at 32.98 on Friday. Brookdale Senior Living has a one year low of $24.42 and a one year high of $36.18. The stock’s 50-day moving average is $34.38 and its 200-day moving average is $32.36. The company’s market cap is $4.124 billion.
Brookdale Senior Living (NYSE:BKD) last announced its earnings results on Wednesday, August 6th. The company reported $0.71 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.05 by $0.66. The company had revenue of $748.39 million for the quarter, compared to the consensus estimate of $740.32 million. During the same quarter in the prior year, the company posted ($0.04) earnings per share. The company’s quarterly revenue was up 4.5% on a year-over-year basis. On average, analysts predict that Brookdale Senior Living will post $-0.12 earnings per share for the current fiscal year.
A number of other firms have also recently commented on BKD. Analysts at Stifel Nicolaus raised their price target on shares of Brookdale Senior Living from $38.00 to $40.00 in a research note on Friday. They now have a “buy” rating on the stock. Separately, analysts at Goldman Sachs initiated coverage on shares of Brookdale Senior Living in a research note on Wednesday, July 16th. They set a “buy” rating and a $34.14 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Brookdale Senior Living in a research note on Friday, July 11th. They now have a $42.00 price target on the stock. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $38.45.
Brookdale Senior Living Inc (NYSE:BKD) is an owner and operator of senior living communities throughout the United States.
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