Chartwell Retirement Residences (TSE:CSH.UN) Given a C$20.50 Price Target at Canaccord Genuity Group

Canaccord Genuity Group set a C$20.50 price objective on Chartwell Retirement Residences (TSE:CSH.UN) in a report published on Thursday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Several other analysts have also recently weighed in on CSH.UN. CIBC lifted their price target on shares of Chartwell Retirement Residences from C$19.00 to C$20.00 in a report on Monday, March 3rd. BMO Capital Markets lifted their target price on shares of Chartwell Retirement Residences from C$18.00 to C$19.00 in a research note on Monday, March 3rd. Finally, TD Securities increased their price target on shares of Chartwell Retirement Residences from C$19.00 to C$20.00 and gave the stock a “buy” rating in a research note on Monday, March 3rd. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$18.00.

Chartwell Retirement Residences Price Performance

Shares of CSH.UN stock opened at C$16.76 on Thursday. The company has a debt-to-equity ratio of 192.20, a quick ratio of 0.07 and a current ratio of 0.43. Chartwell Retirement Residences has a fifty-two week low of C$12.05 and a fifty-two week high of C$17.69. The firm has a market cap of C$4.55 billion, a P/E ratio of -98.59 and a beta of 1.12. The business’s 50 day moving average price is C$16.57 and its 200-day moving average price is C$15.89.

Chartwell Retirement Residences Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 17th were paid a $0.051 dividend. The ex-dividend date was Friday, February 28th. This represents a $0.61 annualized dividend and a dividend yield of 3.65%. Chartwell Retirement Residences’s payout ratio is -358.82%.

Chartwell Retirement Residences Company Profile

Chartwell Retirement Residences is an unincorporated open-ended trust. The company is engaged in the ownership, operation, and management of retirement and long-term care communities in Canada. It operates its retirement and long-term care facilities separately. The Retirement Operations segment consists of communities that the company owns and operates in Canada.