Chartwell Retirement Residences (TSE:CSH.UN – Get Free Report) had its price target increased by investment analysts at Canaccord Genuity Group from C$24.00 to C$26.00 in a report issued on Monday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 22.76% from the company’s current price.
A number of other analysts also recently weighed in on CSH.UN. ATB Cormark Capital Markets upped their target price on shares of Chartwell Retirement Residences from C$25.00 to C$25.50 and gave the stock an “outperform” rating in a research report on Monday, March 2nd. TD Securities upped their target price on shares of Chartwell Retirement Residences from C$24.00 to C$26.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. National Bank Financial upped their target price on shares of Chartwell Retirement Residences from C$25.25 to C$26.50 and gave the stock an “outperform” rating in a research report on Monday. Royal Bank Of Canada upped their price target on shares of Chartwell Retirement Residences from C$26.00 to C$27.00 and gave the stock an “outperform” rating in a research note on Monday. Finally, Desjardins upped their price target on shares of Chartwell Retirement Residences from C$26.00 to C$27.00 and gave the stock a “buy” rating in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$25.82.
Check Out Our Latest Research Report on Chartwell Retirement Residences
Chartwell Retirement Residences Stock Performance
Chartwell Retirement Residences (TSE:CSH.UN – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported C$0.05 EPS for the quarter. Chartwell Retirement Residences had a net margin of 17.92% and a negative return on equity of 4.61%. The company had revenue of C$314.65 million during the quarter. On average, equities analysts expect that Chartwell Retirement Residences will post 0.1237392 earnings per share for the current fiscal year.
Chartwell Retirement Residences Company Profile
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. Chartwell is one of the largest operators in Canada, serving approximately 25,000 residents in four provinces across the country.
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