Retirement News : Seniors : Capital Senior Living initiated with "buy"

Capital Senior Living initiated with "buy"

Date Added: 16-06-2005

Analysts at Legg Mason initiate coverage of Capital Senior Living Corporation (CSU.NYS) with a "buy" rating. The target price is set to $11.

In a research note published this morning, the analysts mention that the company is expected to generate 34% cash EPS growth in 2005-2006, given the rising occupancy and average daily rates in the senior housing sector. Capital Senior Living owns most of the real estate it operates and its owned real estate is estimated to be worth at least $11 per share, the analysts say.

For More Information: http://www.newratings.com/analyst_news/article_873189.html