Canadian Imperial Bank of Commerce Issues Positive Forecast for Sienna Senior Living (TSE:SIA) Stock Price

Sienna Senior Living (TSE:SIA) had its price objective raised by Canadian Imperial Bank of Commerce from C$23.00 to C$26.00 in a research report released on Monday,BayStreet.CA reports.

A number of other research analysts have also commented on SIA. Royal Bank Of Canada boosted their price target on shares of 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. Canaccord Genuity Group set a C$24.50 price objective on Sienna Senior Living and gave the company a “buy” rating in a research note on Wednesday, February 4th. Desjardins boosted their target price on Sienna Senior Living from C$21.00 to C$23.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Finally, Scotiabank raised their price target on Sienna Senior Living from C$20.00 to C$22.50 in a report on Monday, November 17th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$25.13.

Sienna Senior Living Stock Up 4.1%

SIA stock opened at C$23.89 on Monday. The stock has a 50-day simple moving average of C$21.59 and a two-hundred day simple moving average of C$19.90. Sienna Senior Living has a twelve month low of C$15.20 and a twelve month high of C$23.89. The firm has a market capitalization of C$2.25 billion, a PE ratio of 54.30 and a beta of 0.91. 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 (TSE:SIA) last announced its quarterly earnings results on Thursday, February 19th. The company reported C$0.14 earnings per share (EPS) for the quarter. The firm 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%. On average, equities analysts predict that Sienna Senior Living will post 0.4595351 EPS for the current fiscal year.

More Sienna Senior Living News

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.