Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) PT Raised to C$16.00 at BMO Capital Markets

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN - Free Report) had its price objective increased by BMO Capital Markets from C$15.50 to C$16.00 in a report issued on Monday, BayStreet.CA reports.

CHP.UN has been the topic of several other reports. Desjardins upped their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 in a report on Monday, July 22nd. Scotiabank upped their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 and gave the company an "outperform" rating in a report on Monday, July 22nd. TD Securities upped their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.00 and gave the company a "buy" rating in a report on Wednesday, September 4th. Canaccord Genuity Group upped their price objective on shares of 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, Raymond James increased their price target on shares of Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.50 in a report on Friday, September 6th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$15.75.

Choice Properties Real Est Invstmnt Trst Stock Performance

Shares of CHP.UN stock traded up C$0.02 during trading hours on Monday, hitting C$14.50. The company's stock had a trading volume of 233,526 shares, compared to its average volume of 399,590. The company has a 50 day moving average of C$14.76 and a 200 day moving average of C$13.75. The stock has a market cap of C$4.75 billion, a PE ratio of 16.29 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 has a 12-month low of C$11.79 and a 12-month high of C$15.33.

Choice Properties Real Est Invstmnt Trst Company Profile

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.