Brookdale Senior Living (NYSE:BKD) stock is soaring today on reports that the company is mulling over alternatives including a sale. The company has roped in advisers to line up suitors, according to Bloomberg.
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In the past, the company has witnessed interest from buyers as well as shareholder activism. The rise in the share price comes just after the stock hit its 52-week lows this week.
Is BKD Stock a Buy?
Analysts are cautiously optimistic about Brookdale, with a Moderate Buy consensus rating based on one Buy and one Hold.
Further, the average BKD price target of $8 indicates a substantial 67.01% upside potential in the stock.
