Sienna Senior Living (TSE:SIA) Given New C$25.00 Price Target at Scotiabank

Sienna Senior Living (TSE:SIA) had its price objective upped by Scotiabank from C$24.00 to C$25.00 in a research report released on Monday morning,BayStreet.CA reports. Scotiabank currently has an outperform rating on the stock.

A number of other research analysts also recently commented on SIA. ATB Cormark Capital Markets increased their target price on shares of Sienna Senior Living from C$23.00 to C$25.00 and gave the company an “outperform” rating in a research report on Monday. Royal Bank Of Canada raised their price objective on Sienna Senior Living from C$20.00 to C$22.00 and gave the stock a “sector perform” rating in a report on Monday, November 24th. Desjardins lifted their target price on Sienna Senior Living from C$24.00 to C$26.00 and gave the stock a “buy” rating in a research report on Monday. BMO Capital Markets boosted their target price on Sienna Senior Living from C$22.00 to C$25.00 and gave the company an “outperform” rating in a report on Monday. Finally, Canadian Imperial Bank of Commerce raised their price target on Sienna Senior Living from C$23.00 to C$26.00 in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of C$25.13.

Sienna Senior Living Stock Up 4.1%

Shares of TSE SIA opened at C$23.89 on Monday. The stock has a market cap of C$2.25 billion, a P/E ratio of 54.30 and a beta of 0.91. The business’s fifty day simple moving average is C$21.59 and its 200-day simple moving average is C$19.90. Sienna Senior Living has a 12-month low of C$15.20 and a 12-month high of C$23.89. The company has a current ratio of 0.43, a quick ratio of 0.23 and a debt-to-equity ratio of 215.47.

Sienna Senior Living (TSE:SIA) last issued its quarterly earnings results on Thursday, February 19th. The company reported C$0.14 earnings per share (EPS) for the quarter. The company had revenue of C$278.45 million during the quarter. Sienna Senior Living had a net margin of 3.57% and a return on equity of 7.71%. As a group, equities analysts predict that Sienna Senior Living will post 0.4595351 EPS for the current fiscal year.

Trending Headlines about 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.