Jefferies Group Boosts Brookdale Senior Living Price Target to $47.00 (BKD)
Investment analysts at Jefferies Group hoisted their price target on shares of Brookdale Senior Living (NYSE:BKD) to $47.00 in a note issued to investors on Friday. Jefferies Group’s price target points to a potential upside of 37.03% from the stock’s previous close.
Brookdale Senior Living (NYSE:BKD) opened at 34.30 on Friday. Brookdale Senior Living has a 1-year low of $24.42 and a 1-year high of $36.18. The stock’s 50-day moving average is $34.31 and its 200-day moving average is $32.71. The company’s market cap is $5.934 billion.
Brookdale Senior Living (NYSE:BKD) last announced its earnings results on Wednesday, August 6th. The company reported $0.71 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted ($0.04) earnings per share. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. Analysts expect that Brookdale Senior Living will post $-0.20 EPS for the current fiscal year.
In other Brookdale Senior Living news, Director Mark J. Schulte unloaded 70,000 shares of Brookdale Senior Living stock on the open market in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $33.78, for a total value of $2,364,600.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
BKD has been the subject of a number of other recent research reports. Analysts at JMP Securities raised their price target on shares of Brookdale Senior Living from $40.00 to $46.00 in a research note on Tuesday. They now have an “outperform” rating on the stock. Separately, analysts at Zacks upgraded shares of Brookdale Senior Living from an “underperform” rating to a “neutral” rating in a research note on Tuesday, August 12th. They now have a $34.30 price target on the stock. Finally, analysts at Barclays raised their price target on shares of Brookdale Senior Living from $34.00 to $36.00 in a research note on Friday, August 8th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $39.60.
Brookdale Senior Living Inc (NYSE:BKD) is an owner and operator of senior living communities throughout the United States.
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