KD Logo

Brookdale Senior Living Inc (BKD) rating upgrades by BofA Securities

Brookdale Senior Living Inc’s recently made public that its Director BROMLEY MARCUS E unloaded Company’s shares for reported $23925.0 on May 15 ’24. In the deal valued at $7.25 per share,3,300 shares were sold. As a result of this transaction, BROMLEY MARCUS E now holds 146,152 shares worth roughly $0.98 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, HICKS GEORGE T bought 9,140 shares, generating $50,307 in total proceeds. Upon buying the shares at $5.50, the EVP & Treasurer now owns 351,883 shares.

Before that, BUMSTEAD FRANK M bought 1,000 shares. Brookdale Senior Living Inc shares valued at $5,360 were divested by the Director at a price of $5.36 per share. As a result of the transaction, BUMSTEAD FRANK M now holds 500,052 shares, worth roughly $3.34 million.

BofA Securities upgraded its Brookdale Senior Living Inc [BKD] rating to a Neutral from a an Underperform in a research note published on December 15, 2023; the price target was increased to $6 from $3.95. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who increased its forecast for the stock in mid November from “a Sector perform” to “an Outperform”. Stifel also remained covering BKD and has decreased its forecast on January 17, 2023 with a “Hold” recommendation from previously “Buy” rating.

Price Performance Review of BKD

On Friday, Brookdale Senior Living Inc [NYSE:BKD] saw its stock jump 0.45% to $6.68. Over the last five days, the stock has gained 0.91%. Brookdale Senior Living Inc shares have risen nearly 14.78% since the year began. Nevertheless, the stocks have risen 59.43% over the past one year. While a 52-week high of $7.62 was reached on 05/06/24, a 52-week low of $3.43 was recorded on 02/21/24. SMA at 50 days reached $6.81, while 200 days put it at $5.55. A total of 1.13 million shares were traded, compared to the trading of 1.33 million shares in the previous session.

Levels Of Support And Resistance For BKD Stock

The 24-hour chart illustrates a support level at 6.56, which if violated will result in even more drops to 6.43. On the upside, there is a resistance level at 6.78. A further resistance level may holdings at 6.89. The Relative Strength Index (RSI) on the 14-day chart is 46.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.75%. Stochastics %K at 38.56% indicates the stock is a holding.

Most Popular