Sienna Senior Living (TSE:SIA) Given New C$26.00 Price Target at Canadian Imperial Bank of Commerce

Sienna Senior Living (TSE:SIA) had its target price upped by investment analysts at Canadian Imperial Bank of Commerce from C$23.00 to C$26.00 in a research note issued to investors on Monday,BayStreet.CA reports. Canadian Imperial Bank of Commerce’s price objective suggests a potential upside of 9.34% from the company’s previous close.

Other research analysts have also issued reports about the stock. Royal Bank Of Canada lifted their price objective on shares of Sienna Senior Living from C$20.00 to C$22.00 and gave the stock a “sector perform” rating in a research note on Monday, November 24th. Canaccord Genuity Group set a C$24.50 price target on shares of Sienna Senior Living and gave the company a “buy” rating in a report on Wednesday, February 4th. Scotiabank raised their price objective on shares of Sienna Senior Living from C$20.00 to C$22.50 in a research note on Monday, November 17th. Finally, Desjardins boosted their target price 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. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$25.13.

Sienna Senior Living Price Performance

SIA traded up C$0.84 during trading hours on Monday, hitting C$23.78. The company’s stock had a trading volume of 285,849 shares, compared to its average volume of 305,902. The stock has a market cap of C$2.24 billion, a price-to-earnings ratio of 54.05 and a beta of 0.91. The business’s 50-day moving average price is C$21.51 and its 200-day moving average price is C$19.86. The company has a current ratio of 0.43, a quick ratio of 0.23 and a debt-to-equity ratio of 215.47. Sienna Senior Living has a 12 month low of C$15.20 and a 12 month high of C$23.86.

Sienna Senior Living (TSE:SIA) last posted its earnings results on Thursday, February 19th. The company reported C$0.14 earnings per share 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 for the quarter. Sell-side analysts expect that Sienna Senior Living will post 0.4595351 earnings per share for the current fiscal year.

About Sienna Senior Living

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.