Desjardins Boosts Sienna Senior Living (TSE:SIA) Price Target to C$26.00

Sienna Senior Living (TSE:SIA) had its price target boosted by Desjardins from C$24.00 to C$26.00 in a note issued to investors on Monday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Desjardins’ price objective would indicate a potential upside of 9.29% from the stock’s current price.

Other equities research analysts also recently issued research reports about the company. ATB Cormark Capital Markets lifted their target price on Sienna Senior Living from C$23.00 to C$25.00 and gave the stock an “outperform” rating in a report on Monday. Canadian Imperial Bank of Commerce raised their price target on shares of Sienna Senior Living from C$23.00 to C$26.00 in a research report on Monday. Scotiabank upped their price objective on shares of Sienna Senior Living from C$20.00 to C$22.50 in a report on Monday, November 17th. Royal Bank Of Canada increased their price objective on shares of Sienna Senior Living from C$20.00 to C$22.00 and gave the stock a “sector perform” rating in a research note on Monday, November 24th. Finally, TD Securities boosted their target price on shares of Sienna Senior Living from C$24.00 to C$26.00 and gave the company a “buy” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Sienna Senior Living currently has an average rating of “Buy” and an average price target of C$25.13.

Sienna Senior Living Stock Performance

TSE:SIA traded up C$0.85 during trading hours on Monday, hitting C$23.79. 291,779 shares of the company were exchanged, compared to its average volume of 306,019. The company’s 50 day moving average price is C$21.51 and its 200-day moving average price is C$19.86. The stock has a market capitalization of C$2.24 billion, a price-to-earnings ratio of 54.07 and a beta of 0.91. Sienna Senior Living has a 52-week low of C$15.20 and a 52-week 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.

Sienna Senior Living (TSE:SIA) last released its earnings results on Thursday, February 19th. The company reported C$0.14 earnings per share (EPS) for the quarter. The firm had revenue of C$278.45 million for the quarter. Sienna Senior Living had a return on equity of 7.71% and a net margin of 3.57%. As a group, research analysts forecast 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.