Brookdale Senior Living found using ticker (BKD) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 12 and 6 and has a mean target at 8.18. Given that the stocks previous close was at 7.28 this would imply there is a potential upside of 12.4%. There is a 50 day moving average of 5.84 and the 200 moving average now moves to 6.63. The company has a market cap of $1,333m. Company Website: https://www.brookdale.com
The potential market cap would be $1,498m based on the market concensus.
Brookdale Senior Living owns and operates senior living communities in the United States. It operates through five segments: Independent Living, Assisted Living and Memory Care, Continuing Care Retirement Communities (CCRCs), Health Care Services, and Management Services. The Independent Living segment owns or leases communities comprising independent and assisted living units in a single community that are primarily designed for middle to upper income seniors. The Assisted Living and Memory Care segment owns or leases communities consisting of freestanding multi-story communities and freestanding single-story communities, which offer housing and 24-hour assistance with activities of daily life to mid-acuity and frail elderly residents. This segment also operates memory care communities for residents with Alzheimer’s and other dementias. The CCRCs segment owns or leases communities that offer various living arrangements, such as independent and assisted living, memory care, and skilled nursing; and services to accommodate various levels of physical ability and health needs. The Health Care Services segment provides home health, hospice, and outpatient therapy services. The Management Services segment operates communities under the management agreements. As of December 31, 2020, the company owned 350 communities, leased 301 communities, managed 72 communities on behalf of third parties, and 3 communities for which it has equity interest. Brookdale Senior Living is headquartered in Brentwood, Tennessee.
