Brookdale Senior Living Inc. (NYSE:BKD) Stock Has Consensus Price Target of $17.40

Shares of Brookdale Senior Living Inc. (NYSE:BKD – Get Free Report) have been given a consensus recommendation of “Buy” by the eight analysts that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, five have assigned a buy rating and two have given a strong buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $17.40.

BKD has been the topic of several recent research reports. Barclays dropped their target price on Brookdale Senior Living from $18.00 to $17.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 11th. Zacks Research upgraded Brookdale Senior Living from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 6th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Brookdale Senior Living in a research note on Monday, August 24th.

Get Our Latest Analysis on Brookdale Senior Living

Brookdale Senior Living Stock Up 1.2%

BKD opened at $9.12 on Monday. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of -56.97, a PEG ratio of 4.34 and a beta of 0.55. The firm has a 50-day moving average price of $10.90 and a 200-day moving average price of $13.26. Brookdale Senior Living has a twelve month low of $8.02 and a twelve month high of $17.09.

Brookdale Senior Living (NYSE:BKD – Get Free Report) last announced its quarterly earnings results on Friday, November 6th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.03). The business had revenue of $712.07 million for the quarter, compared to analysts’ expectations of $721.26 million. Brookdale Senior Living had a negative net margin of 1.27% and a negative return on equity of 15,050.32%. On average, sell-side analysts expect that Brookdale Senior Living will post 0.06 earnings per share for the current fiscal year.

Key Brookdale Senior Living News

Here are the key news stories impacting Brookdale Senior Living this week:

Institutional Investors Weigh In On Brookdale Senior Living

Several hedge funds and other institutional investors have recently modified their holdings of BKD. Northwestern Mutual Wealth Management Co. bought a new position in shares of Brookdale Senior Living in the 2nd quarter worth $43,000. Public Employees Retirement System of Ohio bought a new stake in shares of Brookdale Senior Living during the 2nd quarter worth $53,000. Nykredit A S bought a new stake in shares of Brookdale Senior Living during the 2nd quarter worth $57,000. Persistent Asset Partners Ltd purchased a new position in Brookdale Senior Living in the second quarter worth $66,000. Finally, Strs Ohio purchased a new position in Brookdale Senior Living in the first quarter worth $70,000.

Brookdale Senior Living Company Profile

(Get Free Report)

Brookdale Senior Living Inc operates senior living communities in the United States, serving older adults with a range of housing and care options. Its offerings include independent living, assisted living and memory care, with services tailored to residents’ needs and levels of independence.

Community services may include meals, housekeeping, transportation, wellness programs and social activities, alongside personal assistance and specialized support for residents with memory-related conditions.

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Analyst Recommendations for Brookdale Senior Living (NYSE:BKD)

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