Sienna Senior Living (TSE:SIA) Price Target Raised to C$18.00

Sienna Senior Living (TSE:SIA) had its target price increased by research analysts at Scotiabank from C$17.50 to C$18.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. Scotiabank’s target price would indicate a potential upside of 6.95% from the stock’s current price.

SIA has been the topic of several other reports. Cormark upgraded shares of Sienna Senior Living to a “moderate buy” rating in a research report on Monday, October 28th. National Bank Financial raised Sienna Senior Living to a “strong-buy” rating in a research report on Monday, July 22nd. National Bankshares set a C$17.50 price objective on Sienna Senior Living and gave the company an “outperform” rating in a research report on Thursday, August 29th. Desjardins lifted their price objective 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. Finally, TD Securities upped their target price 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 research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Sienna Senior Living currently has an average rating of “Moderate Buy” and an average price target of C$18.00.

Sienna Senior Living Price Performance

Shares of SIA stock traded up C$0.32 during mid-day trading on Wednesday, reaching C$16.83. The stock had a trading volume of 232,587 shares, compared to its average volume of 242,719. The company 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 current ratio of 0.10, a quick ratio of 0.23 and a debt-to-equity ratio of 275.10. Sienna Senior Living has a 12-month low of C$10.56 and a 12-month high of C$17.60. The business has a 50-day simple moving average of C$16.78 and a 200 day simple moving average of C$15.40.

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.