Chartwell Retirement Residences (OTCMKTS:CWSRF) Shares Up 0.5% – Time to Buy?

Chartwell Retirement Residences (OTCMKTS:CWSRF) shares shot up 0.5% on Tuesday . The stock traded as high as $14.67 and last traded at $14.67. 100 shares were traded during trading, a decline of 98% from the average session volume of 4,822 shares. The stock had previously closed at $14.59.

Analysts Set New Price Targets

Several analysts recently commented on the company. CIBC reissued an “outperform” rating on shares of Chartwell Retirement Residences in a report on Monday, August 11th. Scotiabank restated an “outperform” rating on shares of Chartwell Retirement Residences in a research report on Monday, November 10th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Chartwell Retirement Residences in a report on Monday, August 11th. TD Securities reissued a “buy” rating on shares of Chartwell Retirement Residences in a report on Monday, August 11th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Chartwell Retirement Residences in a research note on Monday, August 11th. Five analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy”.

Chartwell Retirement Residences Price Performance

The stock has a 50 day moving average price of $14.21 and a 200-day moving average price of $13.56.

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.