ATB Cormark Capital Markets Issues Positive Forecast for Sienna Senior Living (TSE:SIA) Stock Price

Sienna Senior Living (TSE:SIA) had its target price lifted by ATB Cormark Capital Markets from C$23.00 to C$25.00 in a research note released on Monday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

SIA has been the topic of several other reports. TD Securities upped their price objective on shares of Sienna Senior Living from C$24.00 to C$26.00 and gave the company a “buy” rating in a report on Monday. Scotiabank lifted their target price on shares of Sienna Senior Living from C$20.00 to C$22.50 in a report on Monday, November 17th. Canadian Imperial Bank of Commerce increased their price target on shares of Sienna Senior Living from C$23.00 to C$26.00 in a report on Monday. Royal Bank Of Canada raised 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 report on Monday, November 24th. Finally, Canaccord Genuity Group set a C$24.50 price objective on Sienna Senior Living and gave the stock a “buy” rating in a report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of C$25.13.

Sienna Senior Living Stock Performance

SIA opened at C$23.89 on Monday. The company has a quick ratio of 0.23, a current ratio of 0.43 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$23.89. The business has a 50 day moving average of C$21.59 and a 200-day moving average of C$19.90. The stock has a market cap of C$2.25 billion, a price-to-earnings ratio of 54.30 and a beta of 0.91.

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 return on equity of 7.71% and a net margin of 3.57%.The business had revenue of C$278.45 million for the quarter. On average, equities research analysts expect that Sienna Senior Living will post 0.4595351 earnings per share for the current year.

Sienna Senior Living News Summary

Here are the key news stories impacting Sienna Senior Living this week:

• Positive Sentiment: Scotiabank raised its price target to C$25.00 and assigned an “outperform” rating (≈4.6% upside). BayStreet Article
• Positive Sentiment: Canaccord Genuity raised its target to C$26.00 and set a “buy” rating (≈8.8% upside). BayStreet Article
• Positive Sentiment: Desjardins lifted its target to C$26.00 and keeps a “buy” rating (≈8.8% upside). BayStreet Article
• Positive Sentiment: BMO Capital Markets bumped its target to C$25.00 and moved to “outperform” (≈5.1% upside). BayStreet Article
• Positive Sentiment: ATB Cormark raised its target to C$25.00 and issued an “outperform” rating (≈5.1% upside). BayStreet Article TickerReport
• Positive Sentiment: TD Securities increased its target to C$26.00 and holds a “buy” rating (≈9.3% upside). BayStreet Article
• Positive Sentiment: CIBC raised its target to C$26.00 (≈9.3% upside). BayStreet Article

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.