Chartwell Retirement Residences (TSE:CSH.UN) Given New C$17.00 Price Target at TD Securities

Chartwell Retirement Residences (TSE:CSH.UN) had its price objective upped by investment analysts at TD Securities from C$16.00 to C$17.00 in a research report issued on Monday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price objective would indicate a potential upside of 18.30% from the company’s previous close.

CSH.UN has been the topic of several other reports. Desjardins raised their price objective on shares of Chartwell Retirement Residences from C$15.50 to C$16.00 and gave the company a “buy” rating in a research report on Monday. National Bankshares set a C$15.00 price objective on shares of Chartwell Retirement Residences and gave the company an “outperform” rating in a research report on Tuesday, July 23rd. Royal Bank of Canada raised their price objective on shares of Chartwell Retirement Residences from C$14.00 to C$15.00 and gave the company an “outperform” rating in a research report on Thursday, May 16th. Finally, Scotiabank raised their price objective on shares of Chartwell Retirement Residences from C$15.00 to C$15.50 and gave the company an “outperform” rating in a research report on Monday. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, Chartwell Retirement Residences has a consensus rating of “Buy” and a consensus price target of C$16.00.

Chartwell Retirement Residences Stock Performance

Shares of Chartwell Retirement Residences stock traded up C$0.15 on Monday, hitting C$14.37. 300,537 shares of the company’s stock were exchanged, compared to its average volume of 415,281. The company has a 50-day simple moving average of C$13.12 and a 200-day simple moving average of C$12.62. The stock has a market capitalization of C$3.90 billion, a PE ratio of -84.53 and a beta of 1.12. Chartwell Retirement Residences has a 1 year low of C$9.59 and a 1 year high of C$14.42. The company has a debt-to-equity ratio of 192.20, a quick ratio of 0.07 and a current ratio of 0.43.

Chartwell Retirement Residences Company Profile

Chartwell is an unincorporated, open-ended trust which indirectly owns and operates a complete range of seniors housing communities, from independent supportive living through assisted living to long term care. It is the largest operator in the Canadian seniors living sector with over 200 quality retirement communities in four provinces.