Canaccord Genuity Group Issues Positive Forecast for Sienna Senior Living (TSE:SIA) Stock Price

Sienna Senior Living (TSE:SIA) had its price objective raised by Canaccord Genuity Group from C$24.50 to C$26.00 in a research report sent to investors on Monday morning,BayStreet.CA reports. Canaccord Genuity Group currently has a buy rating on the stock.

A number of other equities analysts have also recently weighed in on the stock. Canadian Imperial Bank of Commerce upped their price objective on shares of Sienna Senior Living from C$23.00 to C$26.00 in a research report on Monday. ATB Cormark Capital Markets boosted their price target on Sienna Senior Living from C$23.00 to C$25.00 and gave the stock an “outperform” rating in a research note on Monday. Scotiabank increased their price target on Sienna Senior Living from C$20.00 to C$22.50 in a report on Monday, November 17th. TD Securities raised their price objective on Sienna Senior Living from C$24.00 to C$26.00 and gave the company a “buy” rating in a research note on Monday. Finally, Royal Bank Of Canada upped their target price on Sienna Senior Living from C$20.00 to C$22.00 and gave the company a “sector perform” rating in a research report on Monday, November 24th. One research 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, the stock currently has an average rating of “Buy” and an average target price of C$25.13.

Sienna Senior Living Stock Up 4.1%

TSE 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 fifty-two week low of C$15.20 and a fifty-two week high of C$23.89. The business has a 50 day moving average price of C$21.59 and a two-hundred day moving average price of C$19.90. The stock has a market cap of C$2.25 billion, a PE 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 EPS for the quarter. The business had revenue of C$278.45 million for the quarter. Sienna Senior Living had a net margin of 3.57% and a return on equity of 7.71%. As a group, sell-side analysts predict that Sienna Senior Living will post 0.4595351 EPS for the current fiscal year.

Key Stories Impacting Sienna Senior Living

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

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.