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

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

A number of other research analysts have also commented on the company. TD Securities increased 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. National Bankshares set a C$17.50 price target on shares of Sienna Senior Living and gave the company an “outperform” rating in a report on Thursday, August 29th. Royal Bank of Canada lifted their price objective on Sienna Senior Living from C$16.00 to C$17.00 in a research note on Thursday, August 29th. Cormark raised Sienna Senior Living to a “moderate buy” rating in a research report on Monday, October 28th. Finally, CIBC raised their target price 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. Two investment 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 company. Based on data from MarketBeat, Sienna Senior Living presently has an average rating of “Moderate Buy” and a consensus target price of C$18.00.

Sienna Senior Living Price Performance

Shares of SIA opened at C$16.80 on Wednesday. The company has a debt-to-equity ratio of 275.10, a quick ratio of 0.23 and a current ratio of 0.10. The firm has a market cap of C$1.39 billion, a PE ratio of 43.08 and a beta of 1.20. The firm’s 50 day moving average price is C$16.80 and its 200 day moving average price is C$15.40. Sienna Senior Living has a twelve month low of C$10.56 and a twelve month high of C$17.60.

Sienna Senior Living Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be issued a $0.078 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.94 annualized dividend and a yield of 5.57%. Sienna Senior Living’s dividend payout ratio (DPR) is 241.03%.

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.