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

Sienna Senior Living Inc. (TSE:SIA) has been assigned a consensus recommendation of “Buy” from the eight analysts that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is C$25.50.

A number of equities analysts have recently issued reports on the company. BMO Capital Markets increased their target price on Sienna Senior Living from C$22.00 to C$25.00 and gave the stock an “outperform” rating in a research note on Monday, February 23rd. Canadian Imperial Bank of Commerce increased their price objective on Sienna Senior Living from C$23.00 to C$26.00 in a research report on Monday, February 23rd. Canaccord Genuity Group raised their target price on Sienna Senior Living from C$24.50 to C$26.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Scotiabank upped their price target on shares of Sienna Senior Living from C$24.00 to C$25.00 and gave the stock an “outperform” rating in a research note on Monday, February 23rd. Finally, ATB Cormark Capital Markets increased their price target on shares of Sienna Senior Living from C$23.00 to C$25.00 and gave the company an “outperform” rating in a report on Monday, February 23rd.

Sienna Senior Living Price Performance

Shares of TSE SIA opened at C$23.48 on Friday. Sienna Senior Living has a 1-year low of C$15.35 and a 1-year high of C$23.97. The company has a debt-to-equity ratio of 215.47, a current ratio of 0.43 and a quick ratio of 0.23. The stock has a fifty day moving average price of C$21.80 and a 200 day moving average price of C$20.02. The company has a market cap of C$2.21 billion, a PE ratio of 53.36 and a beta of 0.91.

Sienna Senior Living (TSE:SIA) last posted its quarterly earnings results on Thursday, February 19th. The company reported C$0.14 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 firm had revenue of C$278.45 million during the quarter. Sell-side analysts forecast that Sienna Senior Living will post 0.4595351 EPS for the current 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.