Stifel Nicolaus upgraded shares of Brookdale Senior Living Inc. (NYSE:BKD) from a hold rating to a buy rating in a report released on Thursday morning. Stifel Nicolaus currently has $20.00 target price on the stock.

A number of other research firms have also commented on BKD. Bank of America lowered shares of Brookdale Senior Living from a neutral rating to an underperform rating and upped their price target for the company from $10.65 to $12.00 in a report on Wednesday, November 2nd. Jefferies Group lowered shares of Brookdale Senior Living from a buy rating to a hold rating and lowered their price target for the company from $29.00 to $14.00 in a report on Friday, November 11th. TheStreet lowered shares of Brookdale Senior Living from a hold rating to a sell rating in a report on Tuesday, November 1st. Zacks Investment Research upgraded shares of Brookdale Senior Living from a hold rating to a buy rating and set a $19.00 price target for the company in a report on Tuesday, October 4th. Finally, Wells Fargo & Company upgraded shares of Brookdale Senior Living from a market perform rating to an outperform rating in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. The stock currently has an average rating of Hold and an average target price of $18.56.

Analyst Recommendations for Brookdale Senior Living (NYSE:BKD)

Shares of Brookdale Senior Living (NYSE:BKD) traded down 0.50% on Thursday, hitting $15.81. 3,550,485 shares of the stock were exchanged. Brookdale Senior Living has a 12 month low of $10.65 and a 12 month high of $19.42. The company has a 50-day moving average price of $12.65 and a 200 day moving average price of $15.26. The company’s market cap is $2.94 billion.

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In other news, Director Frank M. Bumstead acquired 15,000 shares of the business’s stock in a transaction that occurred on Friday, November 4th. The shares were bought at an average cost of $12.03 per share, with a total value of $180,450.00. Following the transaction, the director now owns 121,229 shares of the company’s stock, valued at approximately $1,458,384.87. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.30% of the company’s stock.

Hedge funds have recently made changes to their positions in the stock. IBM Retirement Fund increased its stake in shares of Brookdale Senior Living by 1.0% in the second quarter. IBM Retirement Fund now owns 18,599 shares of the company’s stock worth $287,000 after buying an additional 187 shares during the last quarter. Bank of Montreal Can bought a new stake in shares of Brookdale Senior Living during the second quarter worth about $2,591,000. Monarch Partners Asset Management LLC bought a new stake in shares of Brookdale Senior Living during the second quarter worth about $2,163,000. Real Estate Management Services LLC bought a new stake in shares of Brookdale Senior Living during the second quarter worth about $20,402,000. Finally, Quantitative Systematic Strategies LLC bought a new stake in shares of Brookdale Senior Living during the second quarter worth about $180,000.

About Brookdale Senior Living

Brookdale Senior Living Inc is engaged in the operation of senior living communities in the United States. The Company has five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services, and Management Services. Its Retirement Centers segment includes owned or leased communities that are designed for middle to upper income seniors.

5 Day Chart for NYSE:BKD

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