Chartwell Retirement Residences (TSE:CSH.UN) Receives C$17.08 Average Price Target from Analysts

Shares of Chartwell Retirement Residences (TSE:CSH.UN - Get Free Report) have received an average rating of "Buy" from the six analysts that are presently covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy recommendation. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is C$17.08.

Several equities research analysts recently commented on the company. Desjardins increased their price target on Chartwell Retirement Residences from C$15.50 to C$16.00 and gave the company a "buy" rating in a report on Monday, August 12th. TD Securities increased their price target on Chartwell Retirement Residences from C$18.00 to C$19.00 and gave the company a "buy" rating in a report on Monday, November 18th. Scotiabank increased their price target on Chartwell Retirement Residences from C$15.50 to C$16.50 and gave the company an "outperform" rating in a report on Wednesday, September 11th. National Bankshares increased their price target on Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the company an "outperform" rating in a report on Tuesday, August 13th. Finally, Royal Bank of Canada increased their price target on Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the company an "outperform" rating in a report on Monday, August 12th.

Insiders Place Their Bets

In other Chartwell Retirement Residences news, Director Vlad Volodarski sold 31,872 shares of Chartwell Retirement Residences stock in a transaction dated Monday, September 16th. The stock was sold at an average price of C$15.77, for a total transaction of C$502,627.81. 0.55% of the stock is owned by company insiders.

Chartwell Retirement Residences Price Performance

Shares of TSE CSH.UN traded down C$0.06 during midday trading on Monday, hitting C$15.70. The stock had a trading volume of 230,711 shares, compared to its average volume of 396,121. The company has a market capitalization of C$4.26 billion, a PE ratio of -92.35 and a beta of 1.12. The stock has a 50 day simple moving average of C$15.55 and a 200-day simple moving average of C$14.12. Chartwell Retirement Residences has a 1 year low of C$10.64 and a 1 year high of C$16.23. The company has a quick ratio of 0.07, a current ratio of 0.43 and a debt-to-equity ratio of 192.20.

Chartwell Retirement Residences Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 15th were issued a dividend of $0.051 per share. This represents a $0.61 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date of this dividend was Thursday, October 31st. Chartwell Retirement Residences's dividend payout ratio (DPR) is -358.82%.

Chartwell Retirement Residences Company Profile

Chartwell is in the business of serving and caring for Canada's seniors, committed to its vision of Making People's Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.