In a report released today, Chad Vanacore from Stifel Nicolaus reiterated a Hold rating on Brookdale (BKD), with a price target of $7.50. The company’s shares opened today at $7.
According to TipRanks.com, Vanacore is a 3-star analyst with an average return of 3.3% and a 62.2% success rate. Vanacore covers the Financial sector, focusing on stocks such as Medical Properties, Omega Healthcare, and CareTrust REIT.
Brookdale has an analyst consensus of Moderate Buy, with a price target consensus of $8.50.
See today’s analyst top recommended stocks >>
Based on Brookdale’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $132 million. In comparison, last year the company had a net profit of $15.06 million.
Based on the recent corporate insider activity of 51 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
