Chartwell Retirement Residences (TSE:CSH.UN) Receives Average Rating of "Buy" from Analysts

Shares of Chartwell Retirement Residences (TSE:CSH.UN - Get Free Report) have been assigned an average recommendation of "Buy" from the eight research firms that are currently covering the firm, Marketbeat Ratings reports. Eight investment analysts have rated the stock with a buy rating. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is C$18.38.

Several analysts recently weighed in on CSH.UN shares. Canaccord Genuity Group set a C$20.50 target price on shares of Chartwell Retirement Residences and gave the company a "buy" rating in a 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 report on Monday, May 12th. CIBC lifted their target price on shares of Chartwell Retirement Residences from C$19.00 to C$20.00 in a report on Monday, March 3rd. Finally, BMO Capital Markets boosted their price target on shares of Chartwell Retirement Residences from C$19.00 to C$21.00 in a research note on Monday, May 12th.

Chartwell Retirement Residences Stock Up 1.4%

Chartwell Retirement Residences stock opened at C$18.41 on Monday. Chartwell Retirement Residences has a fifty-two week low of C$12.15 and a fifty-two week high of C$18.49. The company has a debt-to-equity ratio of 192.20, a quick ratio of 0.07 and a current ratio of 0.43. The firm has a 50 day moving average price of C$16.85 and a 200 day moving average price of C$16.23. The company has a market capitalization of C$5.00 billion, a PE ratio of -108.29 and a beta of 1.12.

Chartwell Retirement Residences Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 17th were given a dividend of $0.051 per share. The ex-dividend date was Friday, February 28th. This represents a $0.61 annualized dividend and a yield of 3.32%. Chartwell Retirement Residences's payout ratio is currently -358.82%.

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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