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RBC Capital Remains a Buy on Brookdale Senior Living (BKD)

Tipranks - Tipranks - Fri Jan 30, 6:40AM CST

In a report released yesterday, Ben Hendrix from RBC Capital reiterated a Buy rating on Brookdale Senior Living, with a price target of $17.00. The company’s shares closed yesterday at $13.11.

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Hendrix covers the Healthcare sector, focusing on stocks such as Brookdale Senior Living, CVS Health, and Acadia Healthcare. According to TipRanks, Hendrix has an average return of 5.1% and a 55.04% success rate on recommended stocks.

In addition to RBC Capital, Brookdale Senior Living also received a Buy from Bank of America Securities’s Joanna Gajuk in a report issued today. However, on the same day, TipRanks – OpenAI upgraded Brookdale Senior Living (NYSE: BKD) to a Hold.

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Based on Brookdale Senior Living’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $777.84 million and a GAAP net loss of $114.73 million. In comparison, last year the company earned a revenue of $746.41 million and had a GAAP net loss of $50.72 million

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