Chartwell Retirement Residences (TSE:CSH.UN - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$16.54 and traded as high as C$18.14. Chartwell Retirement Residences shares last traded at C$18.06, with a volume of 379,013 shares trading hands.
Analysts Set New Price Targets
Several research firms have weighed in on CSH.UN. CIBC raised their price objective on shares of Chartwell Retirement Residences from C$19.00 to C$20.00 in a research report on Monday, March 3rd. BMO Capital Markets raised their price objective on shares of Chartwell Retirement Residences from C$19.00 to C$21.00 in a research report on Monday, May 12th. Canaccord Genuity Group set a C$20.50 price objective on shares of Chartwell Retirement Residences and gave the company a "buy" rating in a research report on Thursday, April 3rd. Finally, TD Securities raised their target price on shares of Chartwell Retirement Residences from C$20.00 to C$21.00 in a research note on Monday, May 12th. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of C$18.38.
Check Out Our Latest Report on CSH.UN
Chartwell Retirement Residences Price Performance
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's 50 day moving average is C$17.51 and its 200 day moving average is C$16.57. The firm has a market capitalization of C$4.84 billion, a price-to-earnings ratio of -105.00 and a beta of 1.12.
About Chartwell Retirement Residences
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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.
Further Reading
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