Sienna Senior Living (TSE:SIA) Price Target Raised to C$22.00

Sienna Senior Living (TSE:SIA) had its target price upped by research analysts at Royal Bank Of Canada from C$20.00 to C$22.00 in a research report issued on Monday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 5.06% from the company’s previous close.

Several other analysts have also recently commented on SIA. CIBC upgraded shares of Sienna Senior Living from a “neutral” rating to an “outperform” rating and raised their price objective for the company from C$20.00 to C$23.00 in a research note on Tuesday, November 18th. Scotiabank increased their target price on shares of Sienna Senior Living from C$20.00 to C$22.50 in a report on Monday, November 17th. Cibc Captl Mkts upgraded shares of Sienna Senior Living from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 18th. Finally, Desjardins upped their price target on Sienna Senior Living from C$21.00 to C$23.00 and gave the stock a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of C$21.42.

Sienna Senior Living Stock Performance

TSE:SIA traded up C$0.43 during midday trading on Monday, reaching C$20.94. The stock had a trading volume of 233,474 shares, compared to its average volume of 274,509. The firm has a fifty day simple moving average of C$18.98 and a two-hundred day simple moving average of C$18.53. Sienna Senior Living has a 12-month low of C$14.59 and a 12-month high of C$21.21. The company has a quick ratio of 0.23, a current ratio of 0.43 and a debt-to-equity ratio of 215.47. The stock has a market cap of C$1.97 billion, a P/E ratio of 47.59 and a beta of 0.94.

Sienna Senior Living (TSE:SIA) last released its earnings results on Thursday, November 13th. The company reported C$0.30 EPS for the quarter. The company had revenue of C$261.70 million during the quarter. Sienna Senior Living had a net margin of 3.57% and a return on equity of 7.71%. On average, equities analysts expect that Sienna Senior Living will post 0.4595351 EPS for the current year.

About Sienna Senior Living

Sienna Senior Living Inc is one of the largest owners of seniors’ housing, the largest licensed long-term care operator in Ontario, and a provider of services across the full continuum of care. The firm operates solely within Canada. The company is comprised of the following main business segments, LTC Business, Retirement and Other.