Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN - Free Report) had its price objective reduced by Raymond James from C$16.50 to C$16.00 in a research note issued to investors on Monday,BayStreet.CA reports.
A number of other brokerages also recently weighed in on CHP.UN. BMO Capital Markets lifted their price target on Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 in a report on Monday, October 28th. National Bankshares set a C$15.50 target price on Choice Properties Real Est Invstmnt Trst and gave the company a "sector perform" rating in a research note on Friday, December 20th. Canaccord Genuity Group upped their target price on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.50 and gave the company a "buy" rating in a report on Monday, September 16th. Finally, CIBC raised their price target on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 in a report on Friday, November 8th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of C$15.81.
View Our Latest Research Report on CHP.UN
Choice Properties Real Est Invstmnt Trst Trading Down 0.7 %
Choice Properties Real Est Invstmnt Trst stock traded down C$0.09 during midday trading on Monday, reaching C$13.02. The stock had a trading volume of 277,027 shares, compared to its average volume of 293,490. Choice Properties Real Est Invstmnt Trst has a twelve month low of C$12.42 and a twelve month high of C$15.33. The company has a debt-to-equity ratio of 249.71, a current ratio of 0.70 and a quick ratio of 0.13. The firm has a market cap of C$4.27 billion, a price-to-earnings ratio of 14.63 and a beta of 0.67. The firm's fifty day simple moving average is C$13.70 and its two-hundred day simple moving average is C$14.00.
About Choice Properties Real Est Invstmnt Trst
(
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Choice Properties Real Estate Investment Trust invests in, manages, and develops retail and commercial properties across Canada. The company's portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick.
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