Morgan Stanley Issues Positive Forecast for Sonida Senior Living (NYSE:SNDA) Stock Price

Sonida Senior Living (NYSE:SNDA) had its price target raised by Morgan Stanley from $28.00 to $31.00 in a research note released on Tuesday morning,Benzinga reports. They currently have an equal weight rating on the stock.

SNDA has been the topic of a number of other reports. Weiss Ratings began coverage on Sonida Senior Living in a report on Wednesday, March 25th. They issued a “sell (d+)” rating on the stock. Royal Bank Of Canada began coverage on shares of Sonida Senior Living in a research report on Friday, March 27th. They issued an “outperform” rating and a $39.00 price objective on the stock. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $35.00.

Sonida Senior Living Stock Performance

Shares of Sonida Senior Living stock opened at $32.01 on Tuesday. The stock has a market capitalization of $1.52 billion, a PE ratio of -7.60 and a beta of 0.75. Sonida Senior Living has a one year low of $19.34 and a one year high of $37.57. The company has a debt-to-equity ratio of 136.33, a quick ratio of 0.74 and a current ratio of 0.74.

Sonida Senior Living Company Profile

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.