Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN - Get Free Report)'s stock price hit a new 52-week high on Tuesday . The stock traded as high as C$15.38 and last traded at C$15.38, with a volume of 143472 shares. The stock had previously closed at C$15.20.
Analyst Upgrades and Downgrades
A number of analysts have commented on CHP.UN shares. Desjardins cut shares of Choice Properties Real Est Invstmnt Trst from a "buy" rating to a "hold" rating and set a C$16.00 target price for the company. in a report on Monday, July 21st. Royal Bank Of Canada upped their price target 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 report on Monday, July 21st. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Choice Properties Real Est Invstmnt Trst has a consensus rating of "Moderate Buy" and an average price target of C$16.00.
Read Our Latest Report on CHP.UN
Choice Properties Real Est Invstmnt Trst Stock Up 0.4%
The stock has a market capitalization of C$11.07 billion, a P/E ratio of -91.11 and a beta of 0.80. The company's 50-day moving average price is C$14.61 and its 200 day moving average price is C$14.50. The company has a debt-to-equity ratio of 249.71, a quick ratio of 0.13 and a current ratio of 0.70.
Choice Properties Real Est Invstmnt Trst Company Profile
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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.
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