BKD 15.07 ^1%@3:18 NEWS could be worth up to $27 M
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Posted On: 06/20/2017 3:42:27 PM
BKD 15.07 ^1%@3:18 NEWS could be worth up to $27 Market Chatter
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Market Chatter: Brookdale Senior Living Could be Worth More After Peer Hawthorn Sale
MIDNIGHT TRADER 3:18 PM ET 6/20/2017
Symbol Last Price Change
BKD 15.065 +0.285 (+1.93%)
QUOTES AS OF 03:36:34 PM ET 06/20/2017
03:18 PM EDT, 06/20/2017 (MT Newswires) -- Brookdale Senior Living(BKD) could be worth up to $27 a share in a sale, compared with its current share price of around $15 each, when extrapolating the sale of Hawthorn Retirement Group to the company, Bloomberg reported, quoting analyst Frank Morgan and team.
The news agency said a similar valuation equates to $22 per share for Brookdale, but it has other assets like ancillary services, management services, unconsolidated ventures, and leased portfolio which would add another $5, bringing the total value to $27 per share.
Brookdale shares were up 2.4% on Tuesday.
Price: 15.15, Change: +0.37, Percent Change: +2.47
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
©http://www.mtnewswires.com Copyright © 2017 MTNewswires. All rights reserved.
All Content and Data provided by Third-Parties — Terms of Use
Market Chatter: Brookdale Senior Living Could be Worth More After Peer Hawthorn Sale
MIDNIGHT TRADER 3:18 PM ET 6/20/2017
Symbol Last Price Change
BKD 15.065 +0.285 (+1.93%)
QUOTES AS OF 03:36:34 PM ET 06/20/2017
03:18 PM EDT, 06/20/2017 (MT Newswires) -- Brookdale Senior Living(BKD) could be worth up to $27 a share in a sale, compared with its current share price of around $15 each, when extrapolating the sale of Hawthorn Retirement Group to the company, Bloomberg reported, quoting analyst Frank Morgan and team.
The news agency said a similar valuation equates to $22 per share for Brookdale, but it has other assets like ancillary services, management services, unconsolidated ventures, and leased portfolio which would add another $5, bringing the total value to $27 per share.
Brookdale shares were up 2.4% on Tuesday.
Price: 15.15, Change: +0.37, Percent Change: +2.47
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
©http://www.mtnewswires.com Copyright © 2017 MTNewswires. All rights reserved.
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