ATB Cormark Capital Markets Forecasts Strong Price Appreciation for Sienna Senior Living (TSE:SIA) Stock

Sienna Senior Living (TSE:SIA) had its target price lifted by research analysts at ATB Cormark Capital Markets from C$23.00 to C$25.00 in a research note issued on Monday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. ATB Cormark Capital Markets’ target price would indicate a potential upside of 5.09% from the company’s current price.

A number of other research analysts have also commented on the company. TD Securities raised their price target on Sienna Senior Living from C$24.00 to C$26.00 and gave the company a “buy” rating in a report on Monday. Royal Bank Of Canada raised 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 research note on Monday, November 24th. Desjardins upped 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. Scotiabank raised 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. Finally, Canaccord Genuity Group set a C$24.50 target price on Sienna Senior Living and gave the stock 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 assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Sienna Senior Living presently has an average rating of “Buy” and a consensus target price of C$25.13.

Sienna Senior Living Stock Performance

TSE:SIA traded up C$0.85 during mid-day trading on Monday, hitting C$23.79. The stock had a trading volume of 291,779 shares, compared to its average volume of 306,019. The company has a current ratio of 0.43, a quick ratio of 0.23 and a debt-to-equity ratio of 215.47. The company has a 50 day simple moving average of C$21.51 and a 200-day simple moving average of 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.

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