Brookdale Senior Living Inc. (NYSE:BKD) has been assigned a $14.00 price target by stock analysts at Jefferies Group LLC in a research note issued on Friday. The firm currently has a “buy” rating on the stock. Jefferies Group LLC’s target price suggests a potential upside of 33.97% from the stock’s previous close.

BKD has been the topic of several other research reports. ValuEngine downgraded shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a research note on Sunday, September 3rd. BidaskClub downgraded shares of Brookdale Senior Living from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 12th. Stifel Nicolaus cut their target price on shares of Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating on the stock in a research report on Tuesday, August 8th. Zacks Investment Research raised shares of Brookdale Senior Living from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research report on Monday, July 3rd. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $19.00 target price on shares of Brookdale Senior Living in a research report on Friday, October 13th. Five research analysts have rated the stock with a sell rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $16.08.

Brookdale Senior Living (NYSE BKD) traded up 0.10% during trading on Friday, hitting $10.45. 2,927,747 shares of the company’s stock were exchanged. The company’s market cap is $1.95 billion. Brookdale Senior Living has a 52-week low of $9.94 and a 52-week high of $16.31. The firm has a 50 day moving average price of $10.96 and a 200 day moving average price of $12.94.

Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings results on Monday, August 7th. The company reported ($0.23) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.79). The company had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Brookdale Senior Living had a positive return on equity of 6.00% and a negative net margin of 10.14%. The company’s quarterly revenue was down 5.7% on a year-over-year basis. During the same period in the prior year, the business earned ($0.19) EPS. On average, equities research analysts predict that Brookdale Senior Living will post $1.80 earnings per share for the current year.

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A number of hedge funds and other institutional investors have recently bought and sold shares of BKD. Dimensional Fund Advisors LP increased its position in Brookdale Senior Living by 38.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 9,887,660 shares of the company’s stock valued at $145,448,000 after purchasing an additional 2,751,084 shares during the period. Macquarie Group Ltd. increased its position in Brookdale Senior Living by 176.0% during the 1st quarter. Macquarie Group Ltd. now owns 2,649,529 shares of the company’s stock valued at $35,583,000 after purchasing an additional 1,689,610 shares during the period. Cibc World Markets Corp increased its position in Brookdale Senior Living by 236.6% during the 2nd quarter. Cibc World Markets Corp now owns 1,138,066 shares of the company’s stock valued at $16,741,000 after purchasing an additional 800,000 shares during the period. Employees Retirement System of Texas increased its position in Brookdale Senior Living by 311.3% during the 2nd quarter. Employees Retirement System of Texas now owns 987,200 shares of the company’s stock valued at $14,522,000 after purchasing an additional 747,200 shares during the period. Finally, Vanguard Group Inc. increased its position in Brookdale Senior Living by 4.5% during the 1st quarter. Vanguard Group Inc. now owns 15,387,106 shares of the company’s stock valued at $206,649,000 after purchasing an additional 663,671 shares during the period. 99.66% of the stock is currently owned by institutional investors and hedge funds.

Brookdale Senior Living Company Profile

Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.

Analyst Recommendations for Brookdale Senior Living (NYSE:BKD)

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