Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Price Target Lowered to C$16.00 at Raymond James

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) had its target price cut by Raymond James from C$16.50 to C$16.00 in a research report report published on Monday,BayStreet.CA reports.

CHP.UN has been the topic of several other reports. Canaccord Genuity Group lifted their price target on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.50 and gave the stock a “buy” rating in a research note on Monday, September 16th. National Bankshares set a C$15.50 price objective on Choice Properties Real Est Invstmnt Trst and gave the stock a “sector perform” rating in a report on Friday, December 20th. CIBC boosted their target price on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 in a report on Friday, November 8th. Finally, BMO Capital Markets raised their price target on Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 in a research note on Monday, October 28th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Choice Properties Real Est Invstmnt Trst presently has a consensus rating of “Moderate Buy” and a consensus price target of C$15.81.

Choice Properties Real Est Invstmnt Trst Stock Up 1.3 %

CHP.UN stock opened at C$13.16 on Monday. The stock has a market cap of C$4.31 billion, a P/E ratio of 14.79 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 twelve month low of C$12.42 and a twelve month high of C$15.33. The company’s 50 day moving average is C$13.65 and its two-hundred day moving average is C$14.00.

Choice Properties Real Est Invstmnt Trst Company Profile

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.