Sienna Senior Living (TSE:SIA) Stock Rating Raised to Strong-Buy at Raymond James Financial

Sienna Senior Living (TSE:SIA) was upgraded by Raymond James Financial from a “moderate buy” rating to a “strong-buy” rating in a report issued on Friday, Marketbeat Ratings reports. The brokerage currently has a C$24.25 target price on the stock, down from their previous target price of C$25.75. Raymond James Financial’s target price points to a potential upside of 21.25% from the company’s previous close.

A number of other brokerages have also recently issued reports on SIA. ATB Cormark Capital Markets lifted their price objective on Sienna Senior Living from C$26.00 to C$27.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Royal Bank Of Canada raised shares of Sienna Senior Living from a “hold” rating to a “moderate buy” rating and upped their target price for the stock from C$25.00 to C$26.00 in a report on Tuesday, August 11th. TD increased their target price on shares of Sienna Senior Living from C$27.00 to C$28.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, National Bank Financial lifted their price target on shares of Sienna Senior Living from C$27.50 to C$28.50 and gave the company an “outperform” rating in a report on Thursday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating and ten have given a Buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$26.27.

Sienna Senior Living Trading Up 0.4%

Shares of Sienna Senior Living stock opened at C$20.00 on Friday. The company’s fifty day moving average price is C$21.14 and its two-hundred day moving average price is C$21.95. The firm has a market capitalization of C$2.22 billion, a PE ratio of 37.74 and a beta of 1.04. Sienna Senior Living has a 52-week low of C$18.19 and a 52-week high of C$24.07. The company has a debt-to-equity ratio of 148.98, a current ratio of 0.56 and a quick ratio of 0.23.

Sienna Senior Living (TSE:SIA) last posted its earnings results on Tuesday, August 4th. The company reported C$0.11 earnings per share for the quarter. Sienna Senior Living had a net margin of 4.83% and a return on equity of 6.58%. The business had revenue of C$277.08 million for the quarter. On average, analysts expect that Sienna Senior Living will post 0.4595351 EPS for the current year.

Insider Buying and Selling at Sienna Senior Living

In related news, Director Brian Johnston bought 2,500 shares of the company’s stock in a transaction on Monday, September 14th. The stock was bought at an average cost of C$19.96 per share, with a total value of C$49,900.00. Following the completion of the purchase, the director owned 29,037 shares in the company, valued at approximately C$579,578.52. The trade was a 9.42% increase in their position. Corporate insiders own 0.12% of the company’s stock.

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.