Royal Bank Of Canada reissued their buy rating on shares of Brookdale Senior Living Inc. (NYSE:BKD) in a report published on Friday. The brokerage currently has a $19.00 price objective on the stock.

Several other analysts also recently issued reports on the stock. ValuEngine downgraded shares of Brookdale Senior Living from a hold rating to a sell rating in a research note on Sunday, September 3rd. BidaskClub downgraded shares of Brookdale Senior Living from a hold rating to a sell rating in a research note on Wednesday, July 19th. Jefferies Group LLC reaffirmed a buy rating and set a $16.50 price target on shares of Brookdale Senior Living in a research note on Friday, July 14th. Zacks Investment Research raised shares of Brookdale Senior Living from a hold rating to a buy rating and set a $16.00 price target for the company in a research note on Monday, July 3rd. Finally, Stifel Nicolaus decreased their price target on shares of Brookdale Senior Living from $20.00 to $16.00 and set a buy rating for the company in a research note on Tuesday, August 8th. Five analysts have rated the stock with a sell rating and four have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of $16.33.

Brookdale Senior Living (NYSE:BKD) traded down 0.10% on Friday, reaching $10.10. The company’s stock had a trading volume of 2,502,217 shares. The firm has a 50-day moving average of $11.16 and a 200-day moving average of $13.04. Brookdale Senior Living has a one year low of $9.94 and a one year high of $16.31. The company’s market capitalization is $1.88 billion.

Brookdale Senior Living (NYSE:BKD) last announced its quarterly earnings data on Monday, August 7th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.79). The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.14 billion. Brookdale Senior Living had a positive return on equity of 6.00% and a negative net margin of 10.14%. The firm’s revenue for the quarter was down 5.7% on a year-over-year basis. During the same period in the previous year, the business earned ($0.19) EPS. Analysts predict that Brookdale Senior Living will post $1.80 EPS for the current year.

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A number of large investors have recently modified their holdings of the stock. Utah Retirement Systems raised its stake in Brookdale Senior Living by 0.3% in the second quarter. Utah Retirement Systems now owns 33,642 shares of the company’s stock worth $494,000 after buying an additional 100 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Brookdale Senior Living by 12.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,943 shares of the company’s stock worth $102,000 after purchasing an additional 761 shares during the last quarter. Amalgamated Bank grew its holdings in Brookdale Senior Living by 3.4% in the first quarter. Amalgamated Bank now owns 26,468 shares of the company’s stock worth $355,000 after purchasing an additional 869 shares during the last quarter. IMS Capital Management grew its holdings in Brookdale Senior Living by 2.6% in the second quarter. IMS Capital Management now owns 70,455 shares of the company’s stock worth $1,036,000 after purchasing an additional 1,803 shares during the last quarter. Finally, Princeton Portfolio Strategies Group LLC grew its holdings in Brookdale Senior Living by 3.7% in the second quarter. Princeton Portfolio Strategies Group LLC now owns 81,030 shares of the company’s stock worth $1,192,000 after purchasing an additional 2,894 shares during the last quarter. 99.71% of the stock is owned by institutional investors.

Brookdale Senior Living Company Profile

Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.

Analyst Recommendations for Brookdale Senior Living (NYSE:BKD)

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