Brookdale Senior Living (BKD) : Analyst Rating Update

Brookdale Senior Living (BKD) : Zacks Investment Research ranks Brookdale Senior Living (BKD) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 2, which indicates as a Buy.

Brookdale Senior Living (BKD) : The highest short term price target forecast on Brookdale Senior Living (BKD) is $29 and the lowest target price is $20. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $23.75 with a standard deviation of $4.11.

Brookdale Senior Living (NYSE:BKD): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.84 and $14.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.21. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.15, notching a gain of 1.27% for the day. The total traded volume was 3,035,496 . The stock had closed at $14.96 on the previous day.

The company shares have dropped -55.54% from its 1 Year high price. On Jul 10, 2015, the shares registered one year high at $34.48 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $16.95 and the 200 Day Moving Average price is recorded at $16.49.

Brookdale Senior Living Inc. operates senior living communities in the United States. The Company operates independent, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). The Company has five operating segments: Retirement Centers; Assisted Living; CCRCs – Rental; Brookdale Ancillary Services, and Management Services. The Companys Retirement Centers segment provides senior independent and assisted living services in its retirement center communities. The Companys Assisted Living segment offers housing and assisted living services to mid-acuity frail and elderly residents. The Companys CCRCs – Rental segment provides living arrangements and services for various types of health. The Brookdale Ancillary Services segment provides home health, therapy and other ancillary services, and education and wellness programs. The Management Services segment operates communities owned by third parties or by the Companys unconsolidated ventures.

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