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

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

Other equities analysts have also recently issued reports about the company. TD Securities lifted their price objective on 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. Scotiabank boosted their target price on Sienna Senior Living from C$17.50 to C$18.00 in a research note on Wednesday. Royal Bank of Canada lifted their price target on Sienna Senior Living from C$16.00 to C$17.00 in a research note on Thursday, August 29th. National Bank Financial upgraded Sienna Senior Living to a “strong-buy” rating in a report on Monday, July 22nd. Finally, Cormark upgraded shares of Sienna Senior Living to a “moderate buy” rating in a report on Monday, October 28th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$18.00.

Sienna Senior Living Stock Performance

Shares of SIA traded up C$0.32 during mid-day trading on Wednesday, hitting C$16.83. 232,587 shares of the company’s stock were exchanged, compared to its average volume of 242,719. The company has a quick ratio of 0.23, a current ratio of 0.10 and a debt-to-equity ratio of 275.10. Sienna Senior Living has a 52 week low of C$10.56 and a 52 week high of C$17.60. The stock’s 50-day simple moving average is C$16.78 and its 200-day simple moving average is C$15.40. The firm has a market cap of C$1.39 billion, a price-to-earnings ratio of 43.44 and a beta of 1.20.

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.