Jefferies Group LLC set a $14.00 target price on Brookdale Senior Living Inc. (NYSE:BKD) in a research report sent to investors on Friday. The brokerage currently has a buy rating on the stock.

BKD has been the subject of a number of other reports. ValuEngine lowered Brookdale Senior Living from a hold rating to a sell rating in a report on Sunday, September 3rd. Zacks Investment Research lowered Brookdale Senior Living from a hold rating to a strong sell rating in a report on Thursday, August 10th. Royal Bank Of Canada reiterated a buy rating and set a $19.00 price target on shares of Brookdale Senior Living in a report on Friday, October 13th. BidaskClub lowered Brookdale Senior Living from a hold rating to a sell rating in a report on Wednesday, July 19th. Finally, Stifel Nicolaus cut their price target on Brookdale Senior Living from $20.00 to $16.00 and set a buy rating for the company in a report on Tuesday, August 8th. Five equities research analysts have rated the stock with a sell rating and four have given a buy rating to the company. The company has an average rating of Hold and a consensus price target of $16.08.

Brookdale Senior Living (NYSE BKD) traded up 0.10% on Friday, reaching $10.45. 2,927,747 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $10.96 and a 200-day moving average price of $12.94. The company’s market capitalization is $1.95 billion. Brookdale Senior Living has a 1-year low of $9.94 and a 1-year high of $16.31.

Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings results on Monday, August 7th. The company reported ($0.23) EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.79). Brookdale Senior Living had a positive return on equity of 6.00% and a negative net margin of 10.14%. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter last year, the firm earned ($0.19) earnings per share. The firm’s quarterly revenue was down 5.7% compared to the same quarter last year. Equities research analysts expect that Brookdale Senior Living will post $1.80 earnings per share for the current year.

WARNING: “Brookdale Senior Living Inc. (BKD) Given a $14.00 Price Target at Jefferies Group LLC” was first posted by Daily Political and is owned by of Daily Political. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this piece can be read at https://www.dailypolitical.com/2017/10/21/brookdale-senior-living-inc-bkd-given-a-14-00-price-target-at-jefferies-group-llc.html.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Utah Retirement Systems raised its stake in shares of Brookdale Senior Living by 0.3% in the second quarter. Utah Retirement Systems now owns 33,642 shares of the company’s stock valued at $494,000 after purchasing an additional 100 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Brookdale Senior Living by 12.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,943 shares of the company’s stock valued at $102,000 after purchasing an additional 761 shares in the last quarter. Amalgamated Bank raised its stake in shares of Brookdale Senior Living by 3.4% in the first quarter. Amalgamated Bank now owns 26,468 shares of the company’s stock valued at $355,000 after purchasing an additional 869 shares in the last quarter. IMS Capital Management raised its stake in shares of Brookdale Senior Living by 2.6% in the second quarter. IMS Capital Management now owns 70,455 shares of the company’s stock valued at $1,036,000 after purchasing an additional 1,803 shares in the last quarter. Finally, Princeton Portfolio Strategies Group LLC raised its stake in shares of Brookdale Senior Living by 3.7% in the second quarter. Princeton Portfolio Strategies Group LLC now owns 81,030 shares of the company’s stock valued at $1,192,000 after purchasing an additional 2,894 shares in the last quarter. Institutional investors and hedge funds own 99.66% of the company’s stock.

About Brookdale Senior Living

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)

Receive News & Ratings for Brookdale Senior Living Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookdale Senior Living Inc. and related companies with MarketBeat.com's FREE daily email newsletter.