Sienna Senior Living (TSE:SIA) Stock Rating Upgraded by CIBC

Sienna Senior Living (TSE:SIA) was upgraded by research analysts at CIBC from a “neutral” rating to an “outperform” rating in a report issued on Tuesday,BayStreet.CA reports. The brokerage currently has a C$23.00 target price on the stock, up from their previous target price of C$20.00. CIBC’s target price suggests a potential upside of 12.09% from the company’s current price.

Other research analysts also recently issued reports about the company. Desjardins boosted their price objective on Sienna Senior Living from C$20.00 to C$21.00 and gave the company a “buy” rating in a research note on Thursday, August 14th. Scotiabank raised their target price on shares of Sienna Senior Living from C$20.00 to C$22.50 in a research note on Monday. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of C$20.58.

Sienna Senior Living Stock Performance

Shares of SIA traded up C$0.41 on Tuesday, reaching C$20.52. The company’s stock had a trading volume of 356,316 shares, compared to its average volume of 273,471. The stock’s 50 day simple moving average is C$18.80 and its two-hundred day simple moving average is C$18.44. The company has a debt-to-equity ratio of 215.47, a current ratio of 0.43 and a quick ratio of 0.23. The stock has a market capitalization of C$1.90 billion, a P/E ratio of 46.64 and a beta of 0.94. Sienna Senior Living has a 12-month low of C$14.59 and a 12-month high of C$20.74.

Sienna Senior Living (TSE:SIA) last released its quarterly earnings results on Thursday, November 13th. The company reported C$0.30 earnings per share for the quarter. Sienna Senior Living had a net margin of 3.57% and a return on equity of 7.71%. The business had revenue of C$261.70 million for the quarter. Research analysts forecast 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 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.