Sonida Senior Living (NYSE:SNDA) Coverage Initiated at Royal Bank Of Canada

Stock analysts at Royal Bank Of Canada assumed coverage on shares of Sonida Senior Living (NYSE:SNDA) in a note issued to investors on Friday, Marketbeat.com reports. The firm set a “moderate buy” rating and a $39.00 price target on the stock. Royal Bank Of Canada’s target price indicates a potential upside of 23.22% from the company’s current price.

Sonida Senior Living Stock Performance

Shares of SNDA stock opened at $31.65 on Friday. The company has a debt-to-equity ratio of 136.33, a current ratio of 0.74 and a quick ratio of 0.74. The company has a market capitalization of $1.50 billion, a price-to-earnings ratio of -7.52 and a beta of 0.76. Sonida Senior Living has a 52 week low of $19.34 and a 52 week high of $37.57.

About Sonida Senior Living

Sonida Senior Living (NYSE: SNDA) is a publicly traded company that owns and operates senior living communities in the United States. The company’s core business centers on providing housing and care services for older adults, with an emphasis on assisted living, memory care and related supportive services tailored to residents’ needs.

Sonida’s communities combine residential accommodations with on-site services such as personal care assistance, medication management, dining programs, social and recreational activities, and clinical oversight.