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 hoisted by equities research analysts at BMO Capital Markets from C$19.00 to C$21.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. BMO Capital Markets' price objective points to a potential upside of 17.85% from the stock's current price.

A number of other brokerages have also recently weighed in on CSH.UN. Canaccord Genuity Group set a C$20.50 price target on Chartwell Retirement Residences and gave the company a "buy" rating in a research report on Thursday, April 3rd. TD Securities lifted their target price on shares of Chartwell Retirement Residences from C$20.00 to C$21.00 in a research report on Monday. Finally, CIBC raised their price objective on shares of Chartwell Retirement Residences from C$19.00 to C$20.00 in a research note on Monday, March 3rd. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of C$18.38.

Chartwell Retirement Residences Price Performance

Shares of CSH.UN traded up C$0.04 during trading hours on Monday, reaching C$17.82. The company had a trading volume of 20,184 shares, compared to its average volume of 348,618. The company has a current ratio of 0.43, a quick ratio of 0.07 and a debt-to-equity ratio of 192.20. Chartwell Retirement Residences has a 12-month low of C$12.15 and a 12-month high of C$18.49. The firm has a 50 day simple moving average of C$16.78 and a 200-day simple moving average of C$16.19. The company has a market capitalization of C$4.84 billion, a price-to-earnings ratio of -104.82 and a beta of 1.12.

Chartwell Retirement Residences Company Profile

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.