Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Choice Properties Real Est Invstmnt Trst (TSE:CHP.UNGet Free Report) have received a consensus rating of “Moderate Buy” from the seven research firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$15.88.

Several research firms have issued reports on CHP.UN. National Bankshares set a C$15.50 target price 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 raised their target price on shares of Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 in a report on Monday, October 28th. CIBC boosted their target price 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. Raymond James raised their price target on Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.50 in a research note on Friday, September 6th. Finally, 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.

Check Out Our Latest Report on Choice Properties Real Est Invstmnt Trst

Choice Properties Real Est Invstmnt Trst Stock Up 0.7 %

Choice Properties Real Est Invstmnt Trst stock opened at C$13.48 on Monday. The firm has a market cap of C$4.42 billion, a price-to-earnings ratio of 15.15 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$12.42 and a 12 month high of C$15.33. The stock has a fifty day simple moving average of C$13.81 and a two-hundred day simple moving average of C$13.97.

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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Analyst Recommendations for Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN)

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