Brookdale Senior Living (NYSE:BKD)‘s stock had its “buy” rating restated by equities researchers at Jefferies Financial Group in a research report issued to clients and investors on Tuesday. They presently have a $10.00 target price on the stock. Jefferies Financial Group’s price target indicates a potential upside of 23.15% from the company’s previous close. Jefferies Financial Group also issued estimates for Brookdale Senior Living’s FY2020 earnings at ($0.88) EPS.
Several other equities research analysts also recently weighed in on the company. Zacks Investment Research downgraded Brookdale Senior Living from a “buy” rating to a “hold” rating in a report on Wednesday, February 6th. ValuEngine upgraded Brookdale Senior Living from a “sell” rating to a “hold” rating in a research report on Tuesday, January 15th. Finally, Royal Bank of Canada reiterated a “hold” rating and issued a $8.00 price objective on shares of Brookdale Senior Living in a research report on Sunday, November 18th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Brookdale Senior Living presently has an average rating of “Buy” and an average target price of $9.67.
Shares of NYSE BKD opened at $8.12 on Tuesday. The company has a debt-to-equity ratio of 4.64, a current ratio of 0.66 and a quick ratio of 0.66. Brookdale Senior Living has a 1-year low of $6.08 and a 1-year high of $10.10. The firm has a market cap of $1.50 billion, a P/E ratio of -10.41 and a beta of 1.87.
Large investors have recently added to or reduced their stakes in the business. Camelot Portfolios LLC purchased a new position in Brookdale Senior Living in the fourth quarter worth $67,000. Blueshift Asset Management LLC purchased a new position in Brookdale Senior Living in the fourth quarter worth $69,000. Raymond James Financial Services Advisors Inc. purchased a new position in Brookdale Senior Living in the fourth quarter worth $73,000. Virtu Financial LLC purchased a new position in Brookdale Senior Living in the third quarter worth $129,000. Finally, Avestar Capital LLC raised its position in Brookdale Senior Living by 126.2% in the third quarter. Avestar Capital LLC now owns 19,228 shares of the company’s stock worth $171,000 after acquiring an additional 10,727 shares in the last quarter. Hedge funds and other institutional investors own 98.49% of the company’s stock.
Brookdale Senior Living Company Profile
Brookdale Senior Living Inc owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, CCRCs Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens.
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