Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Receives Consensus Rating of “Moderate Buy” from Brokerages

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

Several brokerages have recently commented on CHP.UN. National Bankshares set a C$15.50 target price on Choice Properties Real Est Invstmnt Trst and gave the company a “sector perform” rating in a report on Friday, December 20th. Scotiabank reduced 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. Finally, Raymond James reduced their target price on Choice Properties Real Est Invstmnt Trst from C$16.50 to C$16.00 in a report on Monday, January 13th.

Choice Properties Real Est Invstmnt Trst Trading Down 0.1 %

Shares of TSE CHP.UN opened at C$13.92 on Friday. 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 company has a market cap of C$4.56 billion, a price-to-earnings ratio of 15.64 and a beta of 0.67. The company has a quick ratio of 0.13, a current ratio of 0.70 and a debt-to-equity ratio of 249.71. The business has a fifty day simple moving average of C$13.46 and a 200-day simple moving average 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.