Chartwell Retirement Residences (TSE:CSH.UN) Given a C$18.00 Price Target at BMO Capital Markets

Chartwell Retirement Residences (TSE:CSH.UN) has been given a C$18.00 price objective by analysts at BMO Capital Markets in a research report issued on Thursday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. BMO Capital Markets’ price objective would suggest a potential upside of 11.66% from the company’s previous close.

A number of other brokerages have also commented on CSH.UN. CIBC lifted their price objective on Chartwell Retirement Residences from C$16.50 to C$19.00 in a research report on Monday, November 18th. TD Securities boosted their price target on shares of Chartwell Retirement Residences from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research note on Monday, November 18th. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$17.21.

Chartwell Retirement Residences Trading Up 1.4 %

CSH.UN stock traded up C$0.22 during trading on Thursday, hitting C$16.12. The company had a trading volume of 86,726 shares, compared to its average volume of 238,750. The stock has a market cap of C$4.37 billion, a price-to-earnings ratio of -94.82 and a beta of 1.12. The company has a quick ratio of 0.07, a current ratio of 0.43 and a debt-to-equity ratio of 192.20. The firm has a 50-day moving average price of C$15.56 and a 200-day moving average price of C$15.03. Chartwell Retirement Residences has a 12 month low of C$11.76 and a 12 month high of C$16.35.

About Chartwell Retirement Residences

Chartwell is in the business of serving and caring for Canada’s seniors, committed to its vision of Making People’s Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.