Sienna Senior Living (TSE:SIA) Given New C$27.50 Price Target at Canaccord Genuity Group

Sienna Senior Living (TSE:SIA) had its target price increased by Canaccord Genuity Group from C$26.00 to C$27.50 in a note issued to investors on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 19.10% from the stock’s previous close.

Several other equities analysts also recently commented on the company. ATB Cormark Capital Markets upped their price objective on Sienna Senior Living from C$25.00 to C$26.00 and gave the company an “outperform” rating in a research note on Thursday. Desjardins upped their price target on Sienna Senior Living from C$24.00 to C$26.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. National Bank Financial lifted their price objective on Sienna Senior Living from C$24.50 to C$27.50 and gave the stock an “outperform” rating in a report on Monday, April 20th. BMO Capital Markets upped their price objective on shares of Sienna Senior Living from C$22.00 to C$25.00 and gave the company an “outperform” rating in a report on Monday, February 23rd. Finally, Scotiabank increased their target price on shares of Sienna Senior Living from C$24.00 to C$25.00 and gave the stock an “outperform” rating in a research report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Sienna Senior Living presently has an average rating of “Buy” and an average price target of C$26.09.

Sienna Senior Living Stock Performance

SIA traded down C$0.33 during trading on Thursday, hitting C$23.09. 199,808 shares of the company traded hands, compared to its average volume of 318,396. Sienna Senior Living has a one year low of C$17.01 and a one year high of C$24.07. The stock’s fifty day moving average is C$22.81 and its 200 day moving average is C$21.50. The company has a quick ratio of 0.23, a current ratio of 0.51 and a debt-to-equity ratio of 198.59. The firm has a market cap of C$2.45 billion, a P/E ratio of 47.12 and a beta of 0.95.

Sienna Senior Living (TSE:SIA) last released its earnings results on Thursday, February 19th. The company reported C$0.14 earnings per share for the quarter. Sienna Senior Living had a net margin of 4.43% and a return on equity of 6.93%. The firm had revenue of C$278.45 million for the quarter. As a group, equities analysts predict that Sienna Senior Living will post 0.4595351 EPS 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.