Desjardins Issues Positive Forecast for Sienna Senior Living (TSE:SIA) Stock Price

Sienna Senior Living (TSE:SIA) had its price target boosted by Desjardins from C$24.00 to C$26.00 in a research note issued to investors on Monday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Several other equities research analysts have also issued reports on the company. TD Securities lifted their price target on Sienna Senior Living from C$24.00 to C$26.00 and gave the company a “buy” rating in a report on Monday. BMO Capital Markets raised their price objective on shares of Sienna Senior Living from C$22.00 to C$25.00 and gave the company an “outperform” rating in a research report on Monday. Canadian Imperial Bank of Commerce boosted their target price on shares of Sienna Senior Living from C$23.00 to C$26.00 in a research report on Monday. ATB Cormark Capital Markets increased their price target on shares of Sienna Senior Living from C$23.00 to C$25.00 and gave the stock an “outperform” rating in a research note on Monday. Finally, Royal Bank Of Canada lifted their price objective 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 note 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 given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$25.13.

Sienna Senior Living Trading Up 4.1%

Shares of TSE:SIA opened at C$23.89 on Monday. The firm has a fifty day moving average of C$21.59 and a two-hundred day moving average of C$19.90. 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 firm has a market capitalization of C$2.25 billion, a P/E ratio of 54.30 and a beta of 0.91.

Sienna Senior Living (TSE:SIA) last announced its quarterly earnings data on Thursday, February 19th. The company reported C$0.14 earnings per share (EPS) 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 during the quarter. On average, equities analysts expect that Sienna Senior Living will post 0.4595351 EPS for the current fiscal year.

Key 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.