Sienna Senior Living Stock Rating Upgraded by Royal Bank of Canada

Sienna Senior Living (TSE:SIA) has seen its stock rating upgraded by Royal Bank of Canada from 'sector perform' to 'outperform'. The investment analysts at Royal Bank Of Canada have also increased their target price on the stock to C$26.00, up from their prior target price of C$25.00.

This potential upside is estimated to be around 18.34% from the stock's previous close. In addition to this upgrade, Sienna Senior Living has been the subject of various other reports with multiple investment firms boosting their price targets on the company.

For example, TD increased its target price on Sienna Senior Living from C$27.00 to C$28.00 and gave the company a 'buy' rating in a recent research note. National Bank Financial also boosted its price objective on Sienna Senior Living from C$27.50 to C$28.50 and gave the stock an 'outperform' rating.

Currently, one analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the stock. Based on data from MarketBeat, Sienna Senior Living has an average rating of 'Buy' and an average price target of C$26.45.