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

Sienna Senior Living (TSE:SIA) had its target price increased by Scotiabank from C$17.50 to C$18.00 in a research report released on Wednesday morning,BayStreet.CA reports.

Several other research firms have also weighed in on SIA. Cormark upgraded shares of Sienna Senior Living to a “moderate buy” rating in a research report on Monday, October 28th. Desjardins lifted their price objective on Sienna Senior Living from C$16.50 to C$17.50 and gave the company a “buy” rating in a research report on Monday, August 12th. Royal Bank of Canada upped their target price on Sienna Senior Living from C$16.00 to C$17.00 in a research report on Thursday, August 29th. 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. Finally, TD Securities increased their price objective on Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a “buy” rating in a report on Monday, October 21st. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Sienna Senior Living presently has a consensus rating of “Moderate Buy” and a consensus price target of C$18.00.

Sienna Senior Living Trading Down 0.5 %

TSE:SIA opened at C$16.33 on Wednesday. The stock has a market cap of C$1.35 billion, a PE ratio of 41.87 and a beta of 1.20. 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 debt-to-equity ratio of 275.10, a current ratio of 0.10 and a quick ratio of 0.23. The stock’s 50-day moving average is C$16.82 and its two-hundred day moving average is C$15.43.

Sienna Senior Living Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were given a $0.078 dividend. This represents a $0.94 annualized dividend and a dividend yield of 5.73%. The ex-dividend date was Thursday, October 31st. Sienna Senior Living’s dividend payout ratio is currently 241.03%.

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.