Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Receives Average Rating of "Moderate Buy" from Brokerages

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the eight analysts that are covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$16.00.

CHP.UN has been the subject of a number of recent analyst reports. National Bankshares raised Choice Properties Real Est Invstmnt Trst from a "sector perform" rating to an "outperform" rating and lifted their price objective for the company from C$15.50 to C$16.00 in a research report on Monday, April 14th. Royal Bank Of Canada boosted their price objective on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.00 and gave the stock a "sector perform" rating in a research note on Monday. Desjardins cut Choice Properties Real Est Invstmnt Trst from a "buy" rating to a "hold" rating and set a C$16.00 price target on the stock. in a research note on Monday. Finally, Scotiabank boosted their price target on Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 and gave the stock an "outperform" rating in a research note on Monday, April 28th.

Choice Properties Real Est Invstmnt Trst Stock Performance

Shares of CHP.UN stock traded down C$0.14 during trading hours on Friday, reaching C$14.59. 526,181 shares of the company's stock were exchanged, compared to its average volume of 464,584. Choice Properties Real Est Invstmnt Trst has a 1 year low of C$12.51 and a 1 year high of C$15.33. The company has a market cap of C$4.78 billion, a P/E ratio of 16.39 and a beta of 0.67. The company's 50 day moving average is C$14.79 and its two-hundred day moving average is C$14.15. The company has a debt-to-equity ratio of 249.71, a current ratio of 0.70 and a quick ratio of 0.13.

Choice Properties Real Est Invstmnt Trst Company Profile

Choice Properties Real Estate Investment Trust invests in, manages, and develops retail and commercial properties across Canada. The company's portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick.