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

Sienna Senior Living (TSE:SIA) had its target price boosted by analysts at CIBC from C$17.00 to C$19.00 in a note issued to investors on Wednesday,BayStreet.CA reports. CIBC’s target price points to a potential upside of 15.71% from the stock’s current price.

Several other research analysts have also issued reports on the company. Desjardins raised their price target on Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a research report on Monday, August 12th. National Bank Financial raised Sienna Senior Living to a “strong-buy” rating in a research note on Monday, July 22nd. Royal Bank of Canada boosted their price objective on shares of Sienna Senior Living from C$16.00 to C$17.00 in a report on Thursday, August 29th. National Bankshares set a C$17.50 target price on shares of Sienna Senior Living and gave the stock an “outperform” rating in a report on Thursday, August 29th. Finally, TD Securities boosted their price target on shares of Sienna Senior Living from C$18.00 to C$19.00 and gave the company a “buy” rating in a report on Monday, October 21st. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$18.00.

Sienna Senior Living Trading Down 2.3 %

SIA opened at C$16.42 on Wednesday. The firm has a 50 day simple moving average of C$16.80 and a 200 day simple moving average of C$15.40. Sienna Senior Living has a fifty-two week low of C$10.62 and a fifty-two week high of C$17.60. The company has a market cap of C$1.36 billion, a price-to-earnings ratio of 42.23 and a beta of 1.20. The company has a debt-to-equity ratio of 275.10, a current ratio of 0.10 and a quick ratio of 0.23.

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.