Chartwell Retirement Residences (TSE:CSH.UN) Receives Consensus Rating of “Buy” from Analysts

Chartwell Retirement Residences (TSE:CSH.UN) has received an average recommendation of “Buy” from the eight ratings firms that are currently covering the firm, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a buy rating. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is C$18.38.

Several equities research analysts recently issued reports on CSH.UN shares. Canaccord Genuity Group set a C$20.50 target price on shares of Chartwell Retirement Residences and gave the stock a “buy” rating in a report on Thursday, April 3rd. TD Securities lifted their price target on shares of Chartwell Retirement Residences from C$20.00 to C$21.00 in a research note on Monday, May 12th. CIBC lifted their price target on shares of Chartwell Retirement Residences from C$19.00 to C$20.00 in a research note on Monday, March 3rd. Finally, BMO Capital Markets lifted their price target on shares of Chartwell Retirement Residences from C$19.00 to C$21.00 in a research note on Monday, May 12th.

Chartwell Retirement Residences Trading Up 0.8%

Shares of CSH.UN stock opened at C$17.99 on Friday. Chartwell Retirement Residences has a 12-month low of C$12.18 and a 12-month high of C$18.70. The company has a current ratio of 0.43, a quick ratio of 0.07 and a debt-to-equity ratio of 192.20. The firm’s 50 day moving average is C$17.54 and its 200 day moving average is C$16.59. The stock has a market capitalization of C$4.88 billion, a P/E ratio of -105.82 and a beta of 1.12.

About Chartwell Retirement Residences

Chartwell Retirement Residences is an unincorporated open-ended trust. The company is engaged in the ownership, operation, and management of retirement and long-term care communities in Canada. It operates its retirement and long-term care facilities separately. The Retirement Operations segment consists of communities that the company owns and operates in Canada.