National Bankshares upgraded shares of Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN - Free Report) from a sector perform rating to an outperform rating in a report issued on Monday,BayStreet.CA reports. They currently have C$16.00 target price on the real estate investment trust's stock, up from their previous target price of C$15.50.
CHP.UN has been the topic of several other reports. Scotiabank cut their target price on Choice Properties Real Est Invstmnt Trst from C$16.00 to C$15.50 in a research note on Thursday, January 30th. Raymond James dropped their price objective on Choice Properties Real Est Invstmnt Trst from C$16.50 to C$16.00 in a research report on Monday, January 13th. Seven investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Choice Properties Real Est Invstmnt Trst has a consensus rating of "Buy" and an average price target of C$15.88.
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Choice Properties Real Est Invstmnt Trst Stock Up 0.7 %
TSE:CHP.UN traded up C$0.10 on Monday, reaching C$14.69. 269,991 shares of the stock traded hands, compared to its average volume of 498,066. The company has a current ratio of 0.70, a quick ratio of 0.13 and a debt-to-equity ratio of 249.71. The company has a market capitalization of C$4.82 billion, a price-to-earnings ratio of 16.51 and a beta of 0.67. Choice Properties Real Est Invstmnt Trst has a 12 month low of C$12.42 and a 12 month high of C$15.33. The company's fifty day simple moving average is C$13.92 and its 200 day simple moving average is C$13.86.
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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