Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN - Get Free Report) had its price target boosted by equities research analysts at Scotiabank from C$15.50 to C$16.00 in a research note issued on Monday,BayStreet.CA reports. The firm currently has an "outperform" rating on the real estate investment trust's stock. Scotiabank's price objective indicates a potential upside of 9.29% from the stock's previous close.
A number of other analysts have also recently issued reports on CHP.UN. National Bankshares raised Choice Properties Real Est Invstmnt Trst from a "sector perform" rating to an "outperform" rating and increased their target price for the stock from C$15.50 to C$16.00 in a research note on Monday, April 14th. Raymond James dropped their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$16.50 to C$16.00 in a report on Monday, January 13th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Choice Properties Real Est Invstmnt Trst presently has an average rating of "Buy" and an average target price of C$15.94.
Read Our Latest Research Report on CHP.UN
Choice Properties Real Est Invstmnt Trst Trading Up 0.1 %
TSE:CHP.UN traded up C$0.01 on Monday, reaching C$14.64. The company's stock had a trading volume of 261,870 shares, compared to its average volume of 487,951. The firm has a market cap of C$4.80 billion, a PE ratio of 16.45 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 business's 50-day moving average price is C$14.12 and its two-hundred day moving average price is C$13.83. Choice Properties Real Est Invstmnt Trst has a 1-year low of C$12.42 and a 1-year high of C$15.33.
About Choice Properties Real Est Invstmnt Trst
(
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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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