Chartwell Retirement Residences (TSE:CSH.UN) Price Target Raised to C$24.00 at National Bankshares

Key Points

• Chartwell Retirement Residences had its price target raised by National Bankshares from C$22.00 to C$24.00, indicating a potential upside of 20.97% from the stock's prior close.
• Multiple research firms have issued ratings for the stock, with six analysts giving it a Buy rating and an average target price of C$21.44.
• The company's stock has experienced fluctuations, trading at C$19.84 with a current market capitalization of C$5.74 billion.

Chartwell Retirement Residences (TSE:CSH.UN - Get Free Report) had its price target lifted by National Bankshares from C$22.00 to C$24.00 in a research report issued on Wednesday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. National Bankshares' target price would indicate a potential upside of 20.97% from the stock's previous close.

CSH.UN has been the topic of several other research reports. TD Securities decreased their price target on Chartwell Retirement Residences from C$22.00 to C$21.00 and set a "buy" rating on the stock in a research note on Monday, August 11th. Desjardins boosted their price target on Chartwell Retirement Residences from C$21.00 to C$22.00 and gave the company a "buy" rating in a research note on Monday, August 11th. Royal Bank Of Canada boosted their price target on Chartwell Retirement Residences from C$20.00 to C$21.00 and gave the company an "outperform" rating in a research note on Monday, August 11th. Finally, Scotiabank lifted their price objective on Chartwell Retirement Residences from C$20.00 to C$22.00 in a research report on Monday, August 11th. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of C$21.44.

Chartwell Retirement Residences Stock Performance

CSH.UN stock traded down C$0.18 during midday trading on Wednesday, hitting C$19.84. The stock had a trading volume of 140,806 shares, compared to its average volume of 409,564. The firm has a market capitalization of C$5.74 billion, a price-to-earnings ratio of 101.59 and a beta of 0.67. Chartwell Retirement Residences has a 52 week low of C$14.71 and a 52 week high of C$20.58. The stock has a 50-day simple moving average of C$18.87 and a 200 day simple moving average of C$18.03. The company has a current ratio of 0.43, a quick ratio of 0.07 and a debt-to-equity ratio of 192.20.

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.

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