TD Securities Boosts Sienna Senior Living (TSE:SIA) Price Target to C$19.00

Sienna Senior Living (TSE:SIA) had its price objective increased by equities research analysts at TD Securities from C$18.00 to C$19.00 in a report issued on Monday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ price objective points to a potential upside of 10.79% from the stock’s current price.

Other analysts have also recently issued reports about the company. National Bank Financial raised Sienna Senior Living to a “strong-buy” rating in a report on Monday, July 22nd. Royal Bank of Canada upped their price objective on Sienna Senior Living from C$16.00 to C$17.00 in a report on Thursday, August 29th. Desjardins upped their price objective on Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a report on Monday, August 12th. CIBC upped their price objective on Sienna Senior Living from C$16.00 to C$17.00 and gave the stock a “neutral” rating in a report on Monday, August 12th. Finally, National Bankshares set a C$17.50 price objective on Sienna Senior Living and gave the stock an “outperform” rating in a report on Thursday, August 29th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$17.58.

Sienna Senior Living Price Performance

TSE SIA traded down C$0.17 during trading hours on Monday, reaching C$17.15. The company’s stock had a trading volume of 235,532 shares, compared to its average volume of 247,490. The firm’s 50-day moving average price is C$16.17 and its 200-day moving average price is C$14.92. The company has a quick ratio of 0.23, a current ratio of 0.10 and a debt-to-equity ratio of 275.10. Sienna Senior Living has a 1 year low of C$9.87 and a 1 year high of C$17.36. The company has a market capitalization of C$1.42 billion, a price-to-earnings ratio of 44.05 and a beta of 1.20.

Sienna Senior Living (TSE:SIA) last posted its quarterly earnings results on Thursday, August 8th. The company reported C$0.08 EPS for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.23). Sienna Senior Living had a return on equity of 7.45% and a net margin of 3.40%. The business had revenue of C$210.52 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 provides senior living and long-term care (LTC) services in Canada. The company operates through Retirement and LTC segments. It offers independent supportive and assisted living, memory care, and long-term care services; and management services to senior living residences. The company was formerly known as Leisureworld Senior Care Corporation and changed its name to Sienna Senior Living Inc in May 2015.