Analysts Set Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Price Target at C$15.81

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) has earned an average rating of “Moderate Buy” from the seven brokerages that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is C$15.81.

A number of analysts have weighed in on CHP.UN shares. Raymond James decreased their target price on shares of Choice Properties Real Est Invstmnt Trst from C$16.50 to C$16.00 in a research report on Monday, January 13th. National Bankshares set a C$15.50 target price on Choice Properties Real Est Invstmnt Trst and gave the stock a “sector perform” rating in a report on Friday, December 20th. Finally, Scotiabank cut their target price on Choice Properties Real Est Invstmnt Trst from C$16.00 to C$15.50 in a report on Thursday, January 30th.

Choice Properties Real Est Invstmnt Trst Stock Up 1.3 %

CHP.UN stock opened at C$14.02 on Friday. The stock has a market capitalization of C$4.60 billion, a P/E ratio of 15.75 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 has a 12 month low of C$12.42 and a 12 month high of C$15.33. The firm has a 50-day moving average price of C$13.43 and a 200-day moving average price of C$13.99.

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.