Analysts Set Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Target Price at C$15.94

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) has earned an average recommendation of “Buy” from the six research firms that are covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a buy recommendation. The average 12 month price objective among brokers that have issued a report on the stock in the last year is C$15.94.

A number of research firms recently issued reports on CHP.UN. National Bankshares raised Choice Properties Real Est Invstmnt Trst from a “sector perform” rating to an “outperform” rating and lifted their price target for the company from C$15.50 to C$16.00 in a report on Monday, April 14th. Scotiabank lifted their price objective on Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 and gave the stock an “outperform” rating in a research report on Monday, April 28th.

Choice Properties Real Est Invstmnt Trst Stock Down 0.3%

Shares of TSE CHP.UN opened at C$14.92 on Thursday. The stock has a market cap of C$4.89 billion, a PE ratio of 16.76 and a beta of 0.67. The business has a fifty day moving average of C$14.53 and a two-hundred day moving average of C$13.90. Choice Properties Real Est Invstmnt Trst has a 52-week low of C$12.42 and a 52-week high of C$15.33. The company has a debt-to-equity ratio of 249.71, a quick ratio of 0.13 and a current ratio of 0.70.

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.