Zacks: Sientra, Inc. (SIEN) Given $9.00 Average Price Target by Brokerages

Sientra, Inc. (NASDAQ:SIEN) has received a consensus broker rating score of 3.00 (Hold) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a hold rating.

Brokers have set a twelve-month consensus price target of $9.00 for the company and are expecting that the company will post ($0.52) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Sientra an industry rank of 150 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research downgraded Sientra from a “hold” rating to a “sell” rating in a research note on Thursday, January 5th.

“Zacks: Sientra, Inc. (SIEN) Given $9.00 Average Price Target by Brokerages” was posted by sleekmoney and is the sole property of of sleekmoney. If you are viewing this story on another site, it was illegally stolen and republished in violation of US and international trademark & copyright legislation. The legal version of this story can be read at http://sleekmoney.com/zacks-sientra-inc-sien-given-9-00-average-price-target-by-brokerages/1660536.html.

Several hedge funds have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. bought a new stake in Sientra during the second quarter worth $3,310,000. First New York Securities LLC NY increased its stake in Sientra by 129.7% in the third quarter. First New York Securities LLC NY now owns 35,236 shares of the company’s stock worth $317,000 after buying an additional 19,893 shares during the last quarter. Gilder Gagnon Howe & Co. LLC increased its stake in Sientra by 321.9% in the third quarter. Gilder Gagnon Howe & Co. LLC now owns 545,694 shares of the company’s stock worth $4,906,000 after buying an additional 416,340 shares during the last quarter. Park West Asset Management LLC increased its stake in Sientra by 1.3% in the third quarter. Park West Asset Management LLC now owns 1,680,752 shares of the company’s stock worth $15,110,000 after buying an additional 22,115 shares during the last quarter. Finally, FNY Partners Fund LP bought a new stake in Sientra during the fourth quarter worth $180,000. Hedge funds and other institutional investors own 69.34% of the company’s stock.

Sientra (NASDAQ:SIEN) traded up 0.58% during trading on Tuesday, reaching $8.68. The company had a trading volume of 4,914 shares. The company’s market capitalization is $161.40 million. The company has a 50 day moving average price of $8.44 and a 200 day moving average price of $8.25. Sientra has a 52-week low of $5.60 and a 52-week high of $10.22.

About Sientra

Sientra, Inc is a medical aesthetics company. The Company’s primary products are silicone gel breast implants for use in breast augmentation and breast reconstruction procedures, which it offers in over 190 variations of shapes, sizes and textures. The Company sells its breast implants and breast tissue expanders, or breast products to plastic surgeons.

5 Day Chart for NASDAQ:SIEN

Get a free copy of the Zacks research report on Sientra (SIEN)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/zacks-sientra-inc-sien-given-9-00-average-price-target-by-brokerages/1660536.html

Receive News & Ratings for Sientra Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sientra Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *