Sonida Senior Living (NYSE:SNDA) Coverage Initiated at Cantor Fitzgerald

Equities research analysts at Cantor Fitzgerald assumed coverage on shares of Sonida Senior Living (NYSE:SNDA) in a research note issued on Monday,Benzinga reports. The brokerage set an “overweight” rating and a $36.00 price target on the stock. Cantor Fitzgerald’s price objective suggests a potential upside of 8.53% from the stock’s previous close.

SNDA has been the subject of several other reports. Royal Bank Of Canada started coverage on shares of Sonida Senior Living in a research report on Friday, March 27th. They set an “outperform” rating and a $39.00 price target for the company. Morgan Stanley increased their price target on shares of Sonida Senior Living from $28.00 to $31.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 7th. Finally, Weiss Ratings started coverage on shares of Sonida Senior Living in a research report on Wednesday, March 25th. They set a “sell (d+)” rating for the company. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $35.33.

Sonida Senior Living Price Performance

SNDA stock opened at $33.17 on Monday. The stock has a market cap of $1.57 billion, a price-to-earnings ratio of -7.86 and a beta of 0.75. Sonida Senior Living has a one year low of $20.30 and a one year high of $37.57. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 136.33.

Sonida Senior Living Company Profile

Sonida Senior Living (NYSE: SNDA) is a publicly traded company that owns and operates senior living communities in the United States. The company’s core business centers on providing housing and care services for older adults, with an emphasis on assisted living, memory care and related supportive services tailored to residents’ needs.

Sonida’s communities combine residential accommodations with on-site services such as personal care assistance, medication management, dining programs, social and recreational activities, and clinical oversight.