Raymond James Reiterates “C$15.00” Price Target for Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN)

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UNGet Free Report) has been assigned a C$15.00 price target by stock analysts at Raymond James in a report issued on Friday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the real estate investment trust’s stock. Raymond James’ price objective suggests a potential upside of 17.55% from the company’s current price.

CHP.UN has been the subject of several other research reports. TD Securities decreased their price target on shares of Choice Properties Real Est Invstmnt Trst from C$16.00 to C$15.00 in a research note on Wednesday, April 24th. Canaccord Genuity Group upgraded shares of Choice Properties Real Est Invstmnt Trst from a “hold” rating to a “buy” rating and set a C$14.50 price target for the company in a report on Friday, April 26th. Finally, Desjardins dropped their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$15.50 to C$15.00 and set a “buy” rating on the stock in a research note on Friday, April 26th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$14.83.

Read Our Latest Research Report on Choice Properties Real Est Invstmnt Trst

Choice Properties Real Est Invstmnt Trst Trading Up 0.2 %

Shares of CHP.UN stock traded up C$0.03 during trading hours on Friday, reaching C$12.76. 112,880 shares of the stock were exchanged, compared to its average volume of 415,686. The company has a current ratio of 0.16, a quick ratio of 0.13 and a debt-to-equity ratio of 268.38. Choice Properties Real Est Invstmnt Trst has a 12-month low of C$11.79 and a 12-month high of C$14.46. The firm has a market capitalization of C$4.18 billion, a price-to-earnings ratio of 13.86 and a beta of 0.65. The company’s 50-day moving average price is C$13.01 and its 200-day moving average price is C$13.48.

Choice Properties Real Est Invstmnt Trst Company Profile

(Get Free Report)

Choice Properties, Canada's preeminent diversified real estate investment trust, is the owner, manager and developer of a high quality portfolio comprising 756 properties totaling 67.7 million square feet of gross leasable area. The portfolio is comprised of retail properties, predominantly leased to necessity-based tenants, industrial, office and residential assets concentrated in attractive markets and offers an unmatched development pipeline.

See Also

Analyst Recommendations for Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN)

Receive News & Ratings for Choice Properties Real Est Invstmnt Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Choice Properties Real Est Invstmnt Trst and related companies with MarketBeat.com's FREE daily email newsletter.