Stephens set a $16.00 price target on Brookdale Senior Living Inc. (NYSE:BKD) in a research note issued to investors on Monday. The brokerage currently has a buy rating on the stock.

BKD has been the subject of several other research reports. ValuEngine cut Brookdale Senior Living from a hold rating to a sell rating in a research note on Sunday, September 3rd. Jefferies Group LLC reissued a buy rating and set a $15.50 target price (down previously from $16.50) on shares of Brookdale Senior Living in a research note on Monday, October 2nd. Royal Bank Of Canada cut their target price on Brookdale Senior Living from $16.00 to $13.00 and set an outperform rating for the company in a research note on Wednesday, November 8th. BidaskClub cut Brookdale Senior Living from a sell rating to a strong sell rating in a research note on Saturday, August 12th. Finally, Stifel Nicolaus cut their target price on Brookdale Senior Living from $16.00 to $14.00 and set a buy rating for the company in a research note on Tuesday, November 7th. Three analysts have rated the stock with a sell rating and five have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average price target of $15.42.

Shares of Brookdale Senior Living (NYSE:BKD) opened at $10.61 on Monday. The company has a debt-to-equity ratio of 3.23, a current ratio of 0.83 and a quick ratio of 0.83. Brookdale Senior Living has a one year low of $8.78 and a one year high of $16.31.

Brookdale Senior Living (NYSE:BKD) last posted its earnings results on Monday, November 6th. The company reported ($2.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.25) by ($1.97). The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.16 billion. Brookdale Senior Living had a negative return on equity of 0.79% and a negative net margin of 17.85%. Brookdale Senior Living’s revenue was down 5.9% compared to the same quarter last year. During the same period last year, the business earned ($0.28) EPS. sell-side analysts anticipate that Brookdale Senior Living will post -2.11 earnings per share for the current fiscal year.

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Several hedge funds and other institutional investors have recently modified their holdings of BKD. Harvest Fund Management Co. Ltd acquired a new stake in shares of Brookdale Senior Living in the second quarter valued at $101,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Brookdale Senior Living by 12.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,943 shares of the company’s stock valued at $102,000 after buying an additional 761 shares in the last quarter. Merriman Wealth Management LLC acquired a new stake in shares of Brookdale Senior Living in the third quarter valued at $108,000. Dorsey & Whitney Trust CO LLC acquired a new stake in shares of Brookdale Senior Living in the third quarter valued at $122,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of Brookdale Senior Living in the second quarter valued at $148,000.

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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