Sienna Senior Living (TSE:SIA) Price Target Raised to C$26.00 at Desjardins

Sienna Senior Living (TSE:SIA) had its target price boosted by equities researchers at Desjardins from C$24.00 to C$26.00 in a report released on Monday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Desjardins’ price target suggests a potential upside of 9.29% from the company’s current price.

A number of other brokerages have also recently commented on SIA. Scotiabank increased their target price on Sienna Senior Living from C$20.00 to C$22.50 in a report on Monday, November 17th. ATB Cormark Capital Markets increased their price objective on Sienna Senior Living from C$23.00 to C$25.00 and gave the company an “outperform” rating in a research note on Monday. TD Securities raised their price target on shares of Sienna Senior Living from C$24.00 to C$26.00 and gave the stock a “buy” rating in a research note on Monday. Canaccord Genuity Group set a C$24.50 price target on shares of Sienna Senior Living and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Finally, Canadian Imperial Bank of Commerce increased their price objective on shares of Sienna Senior Living from C$23.00 to C$26.00 in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Sienna Senior Living has an average rating of “Buy” and a consensus price target of C$25.13.

Sienna Senior Living Price Performance

SIA traded up C$0.85 during midday trading on Monday, hitting C$23.79. 291,779 shares of the company traded hands, compared to its average volume of 306,019. The company has a current ratio of 0.43, a quick ratio of 0.23 and a debt-to-equity ratio of 215.47. The company has a market capitalization of C$2.24 billion, a price-to-earnings ratio of 54.07 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$23.86. The business has a 50 day simple moving average of C$21.51 and a two-hundred day simple moving average of C$19.86.

Sienna Senior Living (TSE:SIA) last released its earnings results on Thursday, February 19th. The company reported C$0.14 EPS for the quarter. Sienna Senior Living had a net margin of 3.57% and a return on equity of 7.71%. The business had revenue of C$278.45 million during the quarter. On average, equities analysts forecast 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.