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

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

Several other research firms have also weighed in on SIA. Cormark raised shares of Sienna Senior Living to a “moderate buy” rating in a report on Monday, October 28th. CIBC lifted their price objective on Sienna Senior Living from C$16.00 to C$17.00 and gave the company a “neutral” rating in a research report on Monday, August 12th. National Bankshares set a C$17.50 target price on Sienna Senior Living and gave the stock an “outperform” rating in a report on Thursday, August 29th. Royal Bank of Canada upped their price target on shares of Sienna Senior Living from C$16.00 to C$17.00 in a research report on Thursday, August 29th. Finally, Desjardins increased their price objective on shares of Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a report on Monday, August 12th. Two 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. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$18.00.

Sienna Senior Living Stock Down 0.5 %

SIA opened at C$16.33 on Wednesday. The firm has a market cap of C$1.35 billion, a price-to-earnings ratio of 41.87 and a beta of 1.20. 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’s 50-day simple moving average is C$16.82 and its 200-day simple moving average is C$15.45. Sienna Senior Living has a twelve month low of C$10.62 and a twelve month high of C$17.60.

Sienna Senior Living Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 15th. Investors of record on Thursday, October 31st were issued a $0.078 dividend. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $0.94 annualized dividend and a yield of 5.73%. 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.