BMO Capital Markets Upgrades Sienna Senior Living (TSE:SIA) to “Strong-Buy”

Sienna Senior Living (TSE:SIA) was upgraded by BMO Capital Markets to a “strong-buy” rating in a research report issued on Tuesday,Zacks.com reports.

A number of other research analysts have also recently issued reports on the stock. CIBC increased their target price on shares of Sienna Senior Living from C$17.00 to C$19.00 in a report on Wednesday, November 13th. Scotiabank increased their target price on shares of Sienna Senior Living from C$17.50 to C$18.00 in a report on Wednesday, November 13th. Cormark raised shares of Sienna Senior Living to a “moderate buy” rating in a report on Monday, October 28th. Finally, TD Securities raised their price objective on shares of Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$18.00.

Sienna Senior Living Price Performance

Shares of SIA opened at C$15.57 on Tuesday. Sienna Senior Living has a fifty-two week low of C$11.81 and a fifty-two week high of C$17.60. The company has a market capitalization of C$1.29 billion, a price-to-earnings ratio of 39.92 and a beta of 1.20. The firm has a 50-day simple moving average of C$15.84 and a 200-day simple moving average of C$16.02. 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 (TSE:SIA) last announced its quarterly earnings data on Monday, November 11th. The company reported C$0.06 EPS for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.25). Sienna Senior Living had a net margin of 3.40% and a return on equity of 7.45%. During the same quarter last year, the company posted $0.26 earnings per share. On average, equities research analysts anticipate that Sienna Senior Living will post 0.4595351 earnings per share for the current year.

Sienna Senior Living Company Profile

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.