Sienna Senior Living (TSE:SIA) Hits New 52-Week High – Time to Buy?

Sienna Senior Living Inc. (TSE:SIA) shares hit a new 52-week high during trading on Tuesday . The company traded as high as C$23.24 and last traded at C$23.07, with a volume of 7052 shares trading hands. The stock had previously closed at C$23.13.

Analyst Ratings Changes

A number of brokerages recently issued reports on SIA. Canaccord Genuity Group set a C$24.50 target price on shares of Sienna Senior Living and gave the company a “buy” rating in a research report on Wednesday, February 4th. Desjardins boosted their price objective on 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. Canadian Imperial Bank of Commerce raised Sienna Senior Living from a “hold” rating to an “outperform” rating and raised their target price for the company from C$20.00 to C$23.00 in a research note on Tuesday, November 18th. Scotiabank boosted their price target on shares of Sienna Senior Living from C$20.00 to C$22.50 in a research report on Monday, November 17th. Finally, Royal Bank Of Canada lifted 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. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of C$22.67.

Sienna Senior Living Trading Up 1.5%

The company has a market cap of C$2.21 billion, a PE ratio of 53.36 and a beta of 0.91. The company has a debt-to-equity ratio of 215.47, a quick ratio of 0.23 and a current ratio of 0.43. The company has a 50 day simple moving average of C$21.26 and a two-hundred day simple moving average of C$19.72.

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.