Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Receives C$15.94 Consensus Target Price from Brokerages

Shares of Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) have been given an average rating of “Buy” by the six analysts that are currently covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a buy recommendation. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is C$15.94.

A number of equities research analysts recently weighed in on CHP.UN shares. Raymond James lowered their target price on shares of Choice Properties Real Est Invstmnt Trst from C$16.50 to C$16.00 in a report on Monday, January 13th. National Bankshares upgraded Choice Properties Real Est Invstmnt Trst from a “sector perform” rating to an “outperform” rating and raised their target price for the company from C$15.50 to C$16.00 in a report on Monday, April 14th. Finally, Scotiabank upped their price target on Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 and gave the stock an “outperform” rating in a report on Monday, April 28th.

Choice Properties Real Est Invstmnt Trst Stock Down 0.9 %

Choice Properties Real Est Invstmnt Trst stock opened at C$14.88 on Friday. The company has a market capitalization of C$4.88 billion, a PE ratio of 16.72 and a beta of 0.67. 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’s fifty day moving average is C$14.20 and its 200 day moving average is C$13.82. The company has a quick ratio of 0.13, a current ratio of 0.70 and a debt-to-equity ratio of 249.71.

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.