Sienna Senior Living (TSE:SIA) Sets New 52-Week High on Analyst Upgrade

Sienna Senior Living Inc. (TSE:SIA)’s stock price hit a new 52-week high during trading on Monday after Scotiabank raised their price target on the stock from C$24.00 to C$25.00. Scotiabank currently has an outperform rating on the stock. Sienna Senior Living traded as high as C$23.83 and last traded at C$23.61, with a volume of 169986 shares changing hands. The stock had previously closed at C$22.94.

SIA has been the topic of a number of other reports. Canadian Imperial Bank of Commerce raised their price target on Sienna Senior Living from C$23.00 to C$26.00 in a research note on Monday. Royal Bank Of Canada increased 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 report on Monday, November 24th. Canaccord Genuity Group boosted their target price on shares of Sienna Senior Living from C$24.50 to C$26.00 and gave the company a “buy” rating in a report on Monday. Desjardins upped their price target on shares of Sienna Senior Living from C$24.00 to C$26.00 and gave the stock a “buy” rating in a research report on Monday. Finally, TD Securities increased their price target on shares of Sienna Senior Living from C$24.00 to C$26.00 and gave the stock a “buy” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of C$25.13.

Key Sienna Senior Living News

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

• Positive Sentiment: Scotiabank raised its price target from C$24.00 to C$25.00 and maintained an “outperform” rating (roughly 4.6% upside from C$23.89). Article Title
• Positive Sentiment: Canaccord Genuity lifted its target from C$24.50 to C$26.00 and set a “buy” rating (about 8.8% upside from C$23.89). Article Title
• Positive Sentiment: Desjardins increased its target from C$24.00 to C$26.00 and assigned a “buy” rating (≈8.8% upside from C$23.89). Article Title
• Positive Sentiment: BMO Capital Markets raised its target from C$22.00 to C$25.00 and moved to “outperform” (≈5.1% upside from C$23.78). Article Title
• Positive Sentiment: ATB Cormark increased its target from C$23.00 to C$25.00 and set an “outperform” rating (≈5.1% upside from C$23.78). Article Title TickerReport
• Positive Sentiment: TD Securities bumped its target from C$24.00 to C$26.00 and moved to “buy” (≈9.3% upside from C$23.78). Article Title
• Positive Sentiment: Canadian Imperial Bank of Commerce raised its target from C$23.00 to C$26.00 (≈9.3% upside from C$23.78). Article Title

Sienna Senior Living Price Performance

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 company has a market cap of C$2.25 billion, a PE ratio of 54.30 and a beta of 0.91. The company has a 50-day moving average price of C$21.51 and a two-hundred day moving average price of C$19.86.

Sienna Senior Living (TSE:SIA) last announced its earnings results on Thursday, February 19th. The company reported C$0.14 EPS for the quarter. The business had revenue of C$278.45 million for the quarter. Sienna Senior Living had a return on equity of 7.71% and a net margin of 3.57%. Sell-side analysts expect that Sienna Senior Living Inc. 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.