Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN - Get Free Report) has been assigned a C$15.50 price target by research analysts at National Bankshares in a research report issued to clients and investors on Friday,BayStreet.CA reports. The firm currently has a "sector perform" rating on the real estate investment trust's stock. National Bankshares' price objective points to a potential upside of 16.10% from the company's previous close.
Several other research analysts have also recently weighed in on CHP.UN. BMO Capital Markets boosted their price target on Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 in a research note on Monday, October 28th. Raymond James lifted their price target on shares of Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.50 in a research note on Friday, September 6th. Canaccord Genuity Group lifted their target price on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.50 and gave the stock a "buy" rating in a research report on Monday, September 16th. CIBC lifted their price objective on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 in a report on Friday, November 8th. Finally, TD Securities raised their target price on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.00 and gave the stock a "buy" rating in a research report on Wednesday, September 4th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, Choice Properties Real Est Invstmnt Trst currently has a consensus rating of "Moderate Buy" and a consensus price target of C$15.88.
Get Our Latest Stock Report on CHP.UN
Choice Properties Real Est Invstmnt Trst Stock Up 1.4 %
TSE CHP.UN traded up C$0.19 during mid-day trading on Friday, reaching C$13.35. The stock had a trading volume of 1,197,721 shares, compared to its average volume of 399,114. The stock has a market cap of C$4.38 billion, a PE ratio of 15.00 and a beta of 0.67. Choice Properties Real Est Invstmnt Trst has a 1 year low of C$12.42 and a 1 year 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 company has a fifty day moving average price of C$14.08 and a 200 day moving average price of C$13.93.
Choice Properties Real Est Invstmnt Trst Company Profile
(
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Choice Properties, Canada's preeminent diversified real estate investment trust, is the owner, manager and developer of a high quality portfolio comprising 756 properties totaling 67.7 million square feet of gross leasable area. The portfolio is comprised of retail properties, predominantly leased to necessity-based tenants, industrial, office and residential assets concentrated in attractive markets and offers an unmatched development pipeline.
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