Shares of Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the eight brokerages that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is C$15.69.
Several research firms have weighed in on CHP.UN. Scotiabank boosted their price target on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 and gave the stock an "outperform" rating in a research report on Monday, July 22nd. Desjardins boosted their target price on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 in a report on Monday, July 22nd. TD Securities increased their price target 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 research note on Wednesday, September 4th. BMO Capital Markets lifted 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 research report on Monday, July 22nd. Finally, Canaccord Genuity Group upped their target price 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.
Check Out Our Latest Research Report on Choice Properties Real Est Invstmnt Trst
Choice Properties Real Est Invstmnt Trst Stock Down 0.1 %
Shares of TSE CHP.UN traded down C$0.01 during midday trading on Wednesday, reaching C$14.73. The company's stock had a trading volume of 351,464 shares, compared to its average volume of 401,731. Choice Properties Real Est Invstmnt Trst has a fifty-two week low of C$11.79 and a fifty-two week high of C$15.33. The stock has a 50 day simple moving average of C$14.69 and a 200-day simple moving average of C$13.71. The stock has a market capitalization of C$4.83 billion, a price-to-earnings ratio of 16.55 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.
About Choice Properties Real Est Invstmnt Trst
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Get Free ReportChoice 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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