Deutsche Bank Starts Brookdale Senior Living (BKD) at Buy, a "Must-Own"

October 3, 2012 7:47 AM EDT
Get Alerts BKD Hot Sheet
Price: $6.14 +4.60%

Rating Summary:
    8 Buy, 2 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 9 | Down: 10 | New: 35
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Deutsche Bank initiates coverage on Brookdale Senior Living (NYSE: BKD) with a Buy. PT $33.00.

The firm calls it a "must own" for SMID-cap investors.

On the sector as a whole, the firm said: "We believe there is a very strong investment case to buy the senior living operators, and our bullish view is under-pinned by: (1) favorable supply dynamics due to modest capacity growth; (2) strong demand outlook due to demographic and societal factors; (3) improving occupancy trends due to housing recovery; and (4) low government reimbursement exposure relative to other health care services."

For an analyst ratings summary and ratings history on Brookdale Senior Living click here. For more ratings news on Brookdale Senior Living click here.

Shares of Brookdale Senior Living closed at $23.60 yesterday.

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