Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN - Get Free Report)'s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$14.24 and traded as low as C$14.14. Choice Properties Real Est Invstmnt Trst shares last traded at C$14.26, with a volume of 401,045 shares.
Wall Street Analysts Forecast Growth
CHP.UN has been the subject of a number of research analyst reports. Royal Bank Of Canada lifted their target price on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.00 and gave the company a "sector perform" rating in a research note on Monday, July 21st. National Bankshares raised Choice Properties Real Est Invstmnt Trst from a "sector perform" rating to an "outperform" rating and raised their price target for the company from C$15.50 to C$16.00 in a report on Monday, April 14th. Scotiabank lifted their price objective on Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 and gave the company an "outperform" rating in a research report on Monday, April 28th. Finally, Desjardins cut Choice Properties Real Est Invstmnt Trst from a "buy" rating to a "hold" rating and set a C$16.00 target price on the stock. in a report on Monday, July 21st. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of C$16.00.
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Choice Properties Real Est Invstmnt Trst Price Performance
The stock has a market cap of C$4.71 billion, a price-to-earnings ratio of 16.13 and a beta of 0.67. The company has a debt-to-equity ratio of 249.71, a quick ratio of 0.13 and a current ratio of 0.70. The company has a 50-day simple moving average of C$14.64 and a two-hundred day simple moving average of C$14.25.
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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