Brookdale (BKD) Gets a Buy Rating from Jefferies
In a report released yesterday, Jason Plagman from Jefferies reiterated a Buy rating on Brookdale (BKD), with a price target of $10. The company’s shares closed yesterday at $7.86.
According to TipRanks.com, Plagman is ranked #2282 out of 5146 analysts.
Brookdale has an analyst consensus of Moderate Buy, with a price target consensus of $9.
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Based on Brookdale’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $37.12 million. In comparison, last year the company had a net profit of $15.06 million.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BKD in relation to earlier this year.
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Brookdale Senior Living, Inc. engages in the operation of senior living communities. It manages independent living, assisted living, and dementia-care communities, and continuing care retirement centers. It operates through the following segments: Retirement Centers, Assisted Living, CCRCs-Rental, Brookdale Ancillary Services and Management Services.