Sienna Senior Living (TSE:SIA) Price Target Raised to C$26.00 at Canadian Imperial Bank of Commerce

Sienna Senior Living (TSE:SIA) had its price target raised by investment analysts at Canadian Imperial Bank of Commerce from C$23.00 to C$26.00 in a note issued to investors on Monday,BayStreet.CA reports. Canadian Imperial Bank of Commerce’s price objective suggests a potential upside of 9.34% from the company’s previous close.

Several other equities analysts have also recently weighed in on SIA. Scotiabank increased their price objective on shares of Sienna Senior Living from C$20.00 to C$22.50 in a research note on Monday, November 17th. Royal Bank Of Canada upped their target price on shares of Sienna Senior Living from C$20.00 to C$22.00 and gave the company a “sector perform” rating in a report on Monday, November 24th. Desjardins lifted their price target on shares of Sienna Senior Living from C$21.00 to C$23.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Finally, Canaccord Genuity Group set a C$24.50 price objective on shares of Sienna Senior Living and gave the company a “buy” rating in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Sienna Senior Living has an average rating of “Buy” and an average target price of C$25.13.

Sienna Senior Living Stock Performance

Sienna Senior Living stock traded up C$0.84 during midday trading on Monday, reaching C$23.78. 285,849 shares of the company traded hands, compared to its average volume of 305,902. Sienna Senior Living has a 12 month low of C$15.20 and a 12 month high of C$23.86. The company has a debt-to-equity ratio of 215.47, a current ratio of 0.43 and a quick ratio of 0.23. The business has a 50 day moving average of C$21.51 and a two-hundred day moving average of C$19.86. The firm has a market capitalization of C$2.24 billion, a price-to-earnings ratio of 54.05 and a beta of 0.91.

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

Sienna Senior Living Company Profile

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.