Sienna Senior Living Inc. (TSE:SIA) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Sienna Senior Living Inc. (TSE:SIA) have earned an average rating of “Buy” from the five brokerages that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$22.67.

A number of equities research analysts recently issued reports on SIA shares. Canadian Imperial Bank of Commerce raised Sienna Senior Living from a “hold” rating to an “outperform” rating and upped their target price for the company from C$20.00 to C$23.00 in a research note on Tuesday, November 18th. Royal Bank Of Canada boosted their price target on Sienna Senior Living from C$20.00 to C$22.00 and gave the stock a “sector perform” rating in a report on Monday, November 24th. Desjardins upped their price objective on Sienna Senior Living from C$21.00 to C$23.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Scotiabank increased their price objective on Sienna Senior Living from C$20.00 to C$22.50 in a research note on Monday, November 17th. Finally, Canaccord Genuity Group set a C$24.50 target price on shares of Sienna Senior Living and gave the company a “buy” rating in a research note on Wednesday, February 4th.

Sienna Senior Living Price Performance

Sienna Senior Living stock opened at C$22.14 on Wednesday. The firm has a market capitalization of C$2.08 billion, a PE ratio of 50.32 and a beta of 0.91. Sienna Senior Living has a 52 week low of C$15.20 and a 52 week high of C$22.46. The firm’s 50-day simple moving average is C$20.99 and its 200 day simple moving average is C$19.53. The company has a quick ratio of 0.23, a current ratio of 0.43 and a debt-to-equity ratio of 215.47.

Sienna Senior Living (TSE:SIA) last announced its earnings results on Thursday, November 13th. The company reported C$0.30 earnings per share (EPS) for the quarter. Sienna Senior Living had a net margin of 3.57% and a return on equity of 7.71%. The company had revenue of C$261.70 million during the quarter. On average, equities research analysts predict that Sienna Senior Living will post 0.4595351 EPS for the current fiscal year.

Sienna Senior Living Company Profile

Sienna Senior Living Inc (TSX:SIA) offers a full range of senior living options, including independent living, assisted living and memory care under its Aspira retirement brand, long-term care, and specialized programs and services. Sienna’s approximately 15,000 employees are passionate about cultivating happiness in daily life.