Royal Bank of Canada Increases Sienna Senior Living (TSE:SIA) Price Target to C$17.00

Sienna Senior Living (TSE:SIA) had its target price boosted by stock analysts at Royal Bank of Canada from C$16.00 to C$17.00 in a research note issued on Thursday, BayStreet.CA reports. Royal Bank of Canada’s price target indicates a potential upside of 9.54% from the stock’s previous close.

Several other analysts have also recently commented on the company. CIBC lifted their price target on Sienna Senior Living from C$16.00 to C$17.00 and gave the company a “neutral” rating in a report on Monday, August 12th. TD Securities increased their target price on shares of Sienna Senior Living from C$17.00 to C$18.00 and gave the stock a “buy” rating in a research report on Monday, August 12th. National Bankshares set a C$17.00 target price on shares of Sienna Senior Living and gave the stock an “outperform” rating in a research report on Tuesday, July 23rd. Desjardins increased their target price on shares of 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, National Bank Financial raised shares of Sienna Senior Living to a “strong-buy” rating in a research report on Monday, July 22nd. 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, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$17.42.

Sienna Senior Living Stock Up 0.5 %

SIA opened at C$15.52 on Thursday. The company has a debt-to-equity ratio of 275.10, a current ratio of 0.10 and a quick ratio of 0.23. The stock has a market capitalization of C$1.13 billion, a price-to-earnings ratio of 39.79 and a beta of 1.19. The business has a 50-day moving average of C$15.02 and a two-hundred day moving average of C$14.09. Sienna Senior Living has a 12 month low of C$9.87 and a 12 month high of C$15.91.

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.