Chartwell Retirement Residences (TSE:CSH.UN) Given New C$21.00 Price Target at BMO Capital Markets

Chartwell Retirement Residences (TSE:CSH.UN - Get Free Report) had its target price upped by equities researchers at BMO Capital Markets from C$19.00 to C$21.00 in a research note issued to investors on Monday,BayStreet.CA reports. BMO Capital Markets' price objective suggests a potential upside of 14.07% from the stock's previous close.

A number of other equities research analysts have also recently issued reports on the stock. TD Securities boosted their target price on shares of Chartwell Retirement Residences from C$20.00 to C$21.00 in a report on Monday, May 12th. CIBC boosted their price target on shares of Chartwell Retirement Residences from C$19.00 to C$20.00 in a research report on Monday, March 3rd. Finally, Canaccord Genuity Group set a C$20.50 price target on shares of Chartwell Retirement Residences and gave the company a "buy" rating in a research report on Thursday, April 3rd. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of C$18.38.

Chartwell Retirement Residences Stock Performance

CSH.UN stock traded up C$0.25 during midday trading on Monday, reaching C$18.41. 431,835 shares of the company's stock traded hands, compared to its average volume of 351,925. The company has a 50-day moving average price of C$16.85 and a two-hundred day moving average price of C$16.22. The company has a debt-to-equity ratio of 192.20, a quick ratio of 0.07 and a current ratio of 0.43. Chartwell Retirement Residences has a 52 week low of C$12.15 and a 52 week high of C$18.49. The firm has a market capitalization of C$5.00 billion, a PE ratio of -108.29 and a beta of 1.12.

About Chartwell Retirement Residences

Chartwell Retirement Residences is an unincorporated open-ended trust. The company is engaged in the ownership, operation, and management of retirement and long-term care communities in Canada. It operates its retirement and long-term care facilities separately. The Retirement Operations segment consists of communities that the company owns and operates in Canada.