Chartwell Retirement Residences (TSE:CSH.UN) Price Target Raised to C$19.00 at TD Securities

Chartwell Retirement Residences (TSE:CSH.UN) had its price target hoisted by analysts at TD Securities from C$18.00 to C$19.00 in a research note issued to investors on Monday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price target would suggest a potential upside of 17.72% from the stock’s previous close.

A number of other research analysts have also recently commented on the company. Desjardins upped their price objective on Chartwell Retirement Residences from C$15.50 to C$16.00 and gave the company a “buy” rating in a report on Monday, August 12th. CIBC increased their price target on Chartwell Retirement Residences from C$15.00 to C$16.50 and gave the stock an “outperform” rating in a report on Monday, August 12th. Royal Bank of Canada boosted their price objective on shares of Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the company an “outperform” rating in a report on Monday, August 12th. National Bankshares upped their target price on shares of Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the company an “outperform” rating in a research report on Tuesday, August 13th. Finally, Scotiabank lifted their price target on shares of Chartwell Retirement Residences from C$15.50 to C$16.50 and gave the company an “outperform” rating in a research report on Wednesday, September 11th. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of C$17.08.

Chartwell Retirement Residences Price Performance

Shares of CSH.UN stock opened at C$16.14 on Monday. The firm’s 50-day moving average is C$15.50 and its two-hundred day moving average is C$14.03. Chartwell Retirement Residences has a 12 month low of C$10.64 and a 12 month high of C$16.23. The company has a debt-to-equity ratio of 192.20, a current ratio of 0.43 and a quick ratio of 0.07. The company has a market capitalization of C$4.38 billion, a PE ratio of -94.94 and a beta of 1.12.

Insider Buying and Selling at Chartwell Retirement Residences

In other news, Director Vlad Volodarski sold 31,872 shares of the company’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of C$15.77, for a total transaction of C$502,627.81. 0.55% of the stock is currently owned by corporate insiders.

Chartwell Retirement Residences Company Profile

Chartwell is in the business of serving and caring for Canada’s seniors, committed to its vision of Making People’s Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.