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Brookdale Senior Living (NYSE:BKD) Soars on Talk of a Possible Sale
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Brookdale Senior Living (NYSE:BKD) Soars on Talk of a Possible Sale

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.

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.

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