Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Raised to Outperform at National Bankshares

Posted by ABMN Staff on Apr 16th, 2025

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN – Get Free Report) was upgraded by stock analysts at National Bankshares from a “sector perform” rating to an “outperform” rating in a research note issued on Monday,BayStreet.CA reports. The firm presently has a C$16.00 price objective on the real estate investment trust’s stock, up from their previous price objective of C$15.50. National Bankshares’ price target suggests a potential upside of 9.97% from the company’s previous close.

Several other research analysts have also recently weighed in on CHP.UN. Scotiabank reduced their price target on shares of Choice Properties Real Est Invstmnt Trst from C$16.00 to C$15.50 in a report on Thursday, January 30th. Raymond James reduced their target price on shares of Choice Properties Real Est Invstmnt Trst from C$16.50 to C$16.00 in a research note on Monday, January 13th. Seven research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of C$15.88.

Read Our Latest Stock Report on CHP.UN

Choice Properties Real Est Invstmnt Trst Trading Up 1.7 %

TSE:CHP.UN opened at C$14.55 on Monday. The company has a debt-to-equity ratio of 249.71, a current ratio of 0.70 and a quick ratio of 0.13. The business’s 50-day simple moving average is C$13.85 and its 200-day simple moving average is C$13.88. Choice Properties Real Est Invstmnt Trst has a fifty-two week low of C$12.42 and a fifty-two week high of C$15.33. The stock has a market capitalization of C$4.77 billion, a PE ratio of 16.35 and a beta of 0.67.

Choice Properties Real Est Invstmnt Trst Company Profile

(Get Free Report)

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.