Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Receives C$15.88 Consensus Price Target from Brokerages

Shares of Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) have received a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is C$15.88.

A number of brokerages have weighed in on CHP.UN. CIBC upped their target price on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 in a research note on Friday, November 8th. BMO Capital Markets upped their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 in a research report on Monday, October 28th. TD Securities 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 “buy” rating in a research report on Wednesday, September 4th. National Bankshares set a C$15.50 price target on shares of Choice Properties Real Est Invstmnt Trst and gave the stock a “sector perform” rating in a report on Friday, December 20th. Finally, Raymond James raised their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.50 in a research report on Friday, September 6th.

Choice Properties Real Est Invstmnt Trst Trading Down 0.1 %

Shares of CHP.UN opened at C$13.35 on Monday. Choice Properties Real Est Invstmnt Trst has a twelve month low of C$12.42 and a twelve month high of C$15.33. The stock has a market cap of C$4.38 billion, a PE ratio of 15.00 and a beta of 0.67. The company has a quick ratio of 0.13, a current ratio of 0.70 and a debt-to-equity ratio of 249.71. The business’s 50-day moving average price is C$13.86 and its 200-day moving average price is C$13.96.

About Choice Properties Real Est Invstmnt Trst

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.