Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Price Target Lowered to C$16.00 at Raymond James

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) had its price target decreased by Raymond James from C$16.50 to C$16.00 in a research report released on Monday morning,BayStreet.CA reports.

CHP.UN has been the topic of several other reports. Canaccord Genuity Group increased their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.50 and gave the company a “buy” rating in a research report on Monday, September 16th. National Bankshares set a C$15.50 price target on shares of Choice Properties Real Est Invstmnt Trst and gave the company a “sector perform” rating in a report on Friday, December 20th. CIBC raised their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 in a research report on Friday, November 8th. Finally, BMO Capital Markets upped their target price on Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 in a research report on Monday, October 28th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, Choice Properties Real Est Invstmnt Trst presently has an average rating of “Moderate Buy” and a consensus price target of C$15.81.

Choice Properties Real Est Invstmnt Trst Stock Down 0.7 %

CHP.UN opened at C$13.02 on Monday. The stock’s fifty day simple moving average is C$13.70 and its 200 day simple moving average is C$14.00. Choice Properties Real Est Invstmnt Trst has a 1-year low of C$12.42 and a 1-year high of C$15.33. The stock has a market cap of C$4.27 billion, a PE ratio of 14.63 and a beta of 0.67. 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 Company Profile

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.