Shares of Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$14.02 and traded as low as C$13.38. Choice Properties Real Est Invstmnt Trst shares last traded at C$13.57, with a volume of 544,246 shares trading hands.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on CHP.UN shares. National Bankshares set a C$15.50 price objective on shares of Choice Properties Real Est Invstmnt Trst and gave the company a "sector perform" rating in a research note on Friday, December 20th. BMO Capital Markets lifted their price target on shares of Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 in a research note on Monday, October 28th. CIBC lifted their price target on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 in a research note on Friday, November 8th. Scotiabank decreased their price target on shares of Choice Properties Real Est Invstmnt Trst from C$16.00 to C$15.50 in a research note on Thursday, January 30th. Finally, Raymond James decreased their price target on shares of Choice Properties Real Est Invstmnt Trst from C$16.50 to C$16.00 in a research note on Monday, January 13th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$15.81.
Get Our Latest Report on CHP.UN
Choice Properties Real Est Invstmnt Trst Stock Performance
The stock's 50 day moving average price is C$13.34 and its 200 day moving average price is C$14.03. The company has a market cap of C$4.46 billion, a price-to-earnings ratio of 15.27 and a beta of 0.67. The company has a current ratio of 0.70, a quick ratio of 0.13 and a debt-to-equity ratio of 249.71.
Choice Properties Real Est Invstmnt Trst Company Profile
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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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