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 a consensus rating of "Buy" from the eight analysts that are presently covering the firm, MarketBeat.com reports. Eight investment analysts have rated the stock with a buy recommendation. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is C$18.38.

Several equities analysts have commented on CSH.UN shares. BMO Capital Markets upped their price target on Chartwell Retirement Residences from C$19.00 to C$21.00 in a report on Monday, May 12th. CIBC upped their price target on Chartwell Retirement Residences from C$19.00 to C$20.00 in a report on Monday, March 3rd. Canaccord Genuity Group set a C$20.50 target price on Chartwell Retirement Residences and gave the stock a "buy" rating in a report on Thursday, April 3rd. Finally, TD Securities increased their target price on Chartwell Retirement Residences from C$20.00 to C$21.00 in a report on Monday, May 12th.

Chartwell Retirement Residences Stock Performance

Chartwell Retirement Residences stock traded down C$0.22 during trading hours on Friday, hitting C$17.85. The stock had a trading volume of 267,497 shares, compared to its average volume of 338,142. The company has a 50-day moving average of C$17.51 and a two-hundred day moving average of C$16.57. The company has a quick ratio of 0.07, a current ratio of 0.43 and a debt-to-equity ratio of 192.20. The company has a market cap of C$4.84 billion, a PE ratio of -105.00 and a beta of 1.12. Chartwell Retirement Residences has a fifty-two week low of C$12.18 and a fifty-two week high of C$18.70.

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.