Sienna Senior Living (TSE:SIA) Stock Rating Raised to “Strong-Buy” at Raymond James Financial

Sienna Senior Living (TSE:SIA – Get Free Report) was upgraded by stock analysts at Raymond James Financial from an “outperform” rating to a “strong-buy” rating in a research report issued to clients and investors on Friday, BayStreet reports. The firm currently has a C$24.25 price objective on the stock, down from their previous price objective of C$25.75. Raymond James Financial’s target price would suggest a potential upside of 21.43% from the company’s current price.

A number of other analysts also recently commented on the stock. National Bank Financial boosted their price objective on shares of Sienna Senior Living from C$27.50 to C$28.50 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Royal Bank Of Canada upgraded shares of Sienna Senior Living from a “hold” rating to a “moderate buy” rating and lifted their price target for the company from C$25.00 to C$26.00 in a research report on Tuesday, August 11th. TD boosted their price target on Sienna Senior Living from C$27.00 to C$28.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Finally, ATB Cormark Capital Markets upped their price target on Sienna Senior Living from C$26.00 to C$27.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Two research analysts have rated the stock with a Strong Buy rating and ten have issued a Buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$26.27.

View Our Latest Analysis on Sienna Senior Living

Sienna Senior Living Price Performance

TSE:SIA traded up C$0.05 during trading hours on Friday, hitting C$19.97. The company’s stock had a trading volume of 201,106 shares, compared to its average volume of 359,414. The business’s 50-day moving average is C$21.19 and its two-hundred day moving average is C$21.97. The company has a market capitalization of C$2.21 billion, a PE ratio of 37.68 and a beta of 1.04. The company has a debt-to-equity ratio of 148.98, a quick ratio of 0.23 and a current ratio of 0.56. Sienna Senior Living has a 52-week low of C$18.19 and a 52-week high of C$24.07.

Sienna Senior Living (TSE:SIA – Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported C$0.11 EPS for the quarter. Sienna Senior Living had a net margin of 4.83% and a return on equity of 6.58%. The company had revenue of C$277.08 million for the quarter. As a group, research analysts anticipate that Sienna Senior Living will post 0.4595351 EPS for the current fiscal year.

Insider Activity at Sienna Senior Living

In related news, Director Brian Johnston acquired 2,500 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were acquired at an average price of C$19.96 per share, with a total value of C$49,900.00. Following the completion of the purchase, the director directly owned 29,037 shares in the company, valued at approximately C$579,578.52. The trade was a 9.42% increase in their ownership of the stock. 0.12% of the stock is currently owned by insiders.

About Sienna Senior Living

(Get Free Report)

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.

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Analyst Recommendations for Sienna Senior Living (TSE:SIA)

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