Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN - Get Free Report)'s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$13.82 and traded as low as C$13.73. Choice Properties Real Est Invstmnt Trst shares last traded at C$13.79, with a volume of 277,555 shares trading hands.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on the company. Canaccord Genuity Group lifted their price objective on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.50 and gave the stock a "buy" rating in a report on Monday, September 16th. Scotiabank lifted their price objective on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 and gave the stock an "outperform" rating in a report on Monday, July 22nd. Desjardins lifted their price objective on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 in a report on Monday, July 22nd. TD Securities lifted their price objective on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.00 and gave the stock a "buy" rating in a report on Wednesday, September 4th. Finally, 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. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of C$15.93.
View Our Latest Stock Report on Choice Properties Real Est Invstmnt Trst
Choice Properties Real Est Invstmnt Trst Stock Performance
The stock has a 50-day simple moving average of C$14.61 and a 200-day simple moving average of C$13.82. 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 stock has a market cap of C$4.55 billion, a PE ratio of 15.58 and a beta of 0.67.
About Choice Properties Real Est Invstmnt Trst
(
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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.
Further Reading
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