CIBC Boosts Sienna Senior Living (TSE:SIA) Price Target to C$19.00

Sienna Senior Living (TSE:SIA) had its target price boosted by CIBC from C$17.00 to C$19.00 in a research note issued on Wednesday,BayStreet.CA reports. CIBC’s target price suggests a potential upside of 12.89% from the company’s previous close.

Several other brokerages also recently weighed in on SIA. TD Securities increased their target price on Sienna Senior Living from C$18.00 to C$19.00 and gave the company a “buy” rating in a research note on Monday, October 21st. National Bankshares set a C$17.50 price target on shares of Sienna Senior Living and gave the stock an “outperform” rating in a research note on Thursday, August 29th. Scotiabank boosted their target price on shares of Sienna Senior Living from C$17.50 to C$18.00 in a research note on Wednesday. Royal Bank of Canada lifted their price objective on Sienna Senior Living from C$16.00 to C$17.00 in a research report on Thursday, August 29th. Finally, Cormark upgraded shares of Sienna Senior Living to a “moderate buy” rating in a research report on Monday, October 28th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Sienna Senior Living presently has an average rating of “Moderate Buy” and a consensus price target of C$18.00.

Sienna Senior Living Stock Up 1.9 %

Shares of Sienna Senior Living stock traded up C$0.32 during trading on Wednesday, hitting C$16.83. 232,587 shares of the stock traded hands, compared to its average volume of 242,719. The stock has a market cap of C$1.39 billion, a P/E ratio of 43.44 and a beta of 1.20. The company has a fifty day moving average price of C$16.78 and a two-hundred day moving average price of C$15.40. The company has a debt-to-equity ratio of 275.10, a quick ratio of 0.23 and a current ratio of 0.10. Sienna Senior Living has a twelve month low of C$10.56 and a twelve month high of C$17.60.

About Sienna Senior Living

Sienna Senior Living Inc provides senior living and long-term care (LTC) services in Canada. The company operates through Retirement and LTC segments. It offers independent supportive and assisted living, memory care, and long-term care services; and management services to senior living residences. The company was formerly known as Leisureworld Senior Care Corporation and changed its name to Sienna Senior Living Inc in May 2015.