Shares of Brookdale Senior Living Inc. (NYSE:BKD) have been given a consensus recommendation of “Hold” by the ten analysts that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $18.67.

BKD has been the topic of a number of recent research reports. BidaskClub downgraded shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $16.50 target price on shares of Brookdale Senior Living in a research report on Friday, July 14th. ValuEngine downgraded shares of Brookdale Senior Living from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Zacks Investment Research raised shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a research report on Thursday, May 11th. Finally, Stifel Nicolaus reduced their target price on shares of Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating on the stock in a research report on Tuesday.

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Shares of Brookdale Senior Living (BKD) traded up 8.33% on Friday, hitting $13.00. 3,202,524 shares of the stock were exchanged. Brookdale Senior Living has a 12 month low of $10.65 and a 12 month high of $18.46. The company has a 50-day moving average price of $14.55 and a 200 day moving average price of $14.02. The company’s market cap is $2.42 billion.

Brookdale Senior Living (NYSE:BKD) last released its earnings results on Monday, August 7th. The company reported ($0.23) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.56 by $0.79. The business had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Brookdale Senior Living had a positive return on equity of 13.22% and a negative net margin of 9.77%. The firm’s quarterly revenue was down 5.7% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.19) earnings per share. Equities analysts forecast that Brookdale Senior Living will post $1.80 EPS for the current fiscal year.

A number of hedge funds have recently made changes to their positions in the stock. Opera Trading Capital bought a new stake in Brookdale Senior Living during the second quarter valued at approximately $110,000. Terra Nova Asset Management LLC bought a new stake in Brookdale Senior Living during the first quarter valued at approximately $134,000. Quantitative Systematic Strategies LLC bought a new stake in Brookdale Senior Living during the second quarter valued at approximately $169,000. Oppenheimer Asset Management Inc. bought a new stake in Brookdale Senior Living during the first quarter valued at approximately $159,000. Finally, Highbridge Capital Management LLC bought a new stake in Brookdale Senior Living during the fourth quarter valued at approximately $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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