Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN - Get Free Report) was downgraded by Desjardins from a "buy" rating to a "hold" rating in a research note issued on Monday,BayStreet.CA reports. They presently have a C$16.00 target price on the real estate investment trust's stock. Desjardins' price objective would indicate a potential upside of 10.42% from the company's current price.
CHP.UN has been the subject of a number of other research reports. Scotiabank upped their target price 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 report on Monday, April 28th. National Bankshares raised Choice Properties Real Est Invstmnt Trst from a "sector perform" rating to an "outperform" rating and upped their target price for the stock from C$15.50 to C$16.00 in a research report on Monday, April 14th. Finally, Royal Bank Of Canada upped their target price 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. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of C$16.00.
Get Our Latest Analysis on CHP.UN
Choice Properties Real Est Invstmnt Trst Stock Down 0.3%
TSE:CHP.UN traded down C$0.05 on Monday, hitting C$14.49. 292,651 shares of the company's stock traded hands, compared to its average volume of 462,523. The company has a current ratio of 0.70, a quick ratio of 0.13 and a debt-to-equity ratio of 249.71. 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 firm has a 50-day moving average price of C$14.78 and a 200-day moving average price of C$14.16. The company has a market cap of C$4.75 billion, a PE ratio of 16.28 and a beta of 0.67.
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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