Brokerage Firm Rating Update on Brookdale Senior Living (BKD)

Brookdale Senior Living (BKD) : Zacks Investment Research ranks Brookdale Senior Living (BKD) as 3, which is a Hold recommendation. 2 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 5 research analysts is 2.2, which indicates as a Buy.

Brookdale Senior Living (BKD) : 4 Wall Street analysts covering Brookdale Senior Living (BKD) believe that the average level the stock could reach for the short term is $23.75. The maximum price target given is $29 and the minimum target for short term is around $20, hence the standard deviation is calculated at $4.11.


For the current week, the company shares have a recommendation consensus of Buy. Also, Brokerage firm JMP Securities maintains its rating on Brookdale Senior Living (NYSE:BKD). As per the latest information, the brokerage house lowers the price target to $29 per share from a prior target of $30. The shares have been rated Market Outperform. The rating by the firm was issued on August 24, 2016.

Brookdale Senior Living (NYSE:BKD): The stock opened at $17.56 and touched an intraday high of $17.85 on Wednesday. During the day, the stock corrected to an intraday low of $17.51, however, the bulls stepped in and pushed the price higher to close in the green at $17.72 with a gain of 0.85% for the day. The total traded volume for the day was 1,812,987. The stock had closed at $17.57 in the previous trading session.

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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