Canaccord Genuity Group Analysts Give Chartwell Retirement Residences (TSE:CSH.UN) a C$20.50 Price Target

Canaccord Genuity Group set a C$20.50 price objective on Chartwell Retirement Residences (TSE:CSH.UNFree Report) in a research note published on Thursday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Several other research analysts also recently commented on the company. CIBC raised their target price on Chartwell Retirement Residences from C$19.00 to C$20.00 in a research note on Monday, March 3rd. TD Securities upped their target price on shares of Chartwell Retirement Residences from C$19.00 to C$20.00 and gave the stock a “buy” rating in a report on Monday, March 3rd. Finally, BMO Capital Markets raised their price target on shares of Chartwell Retirement Residences from C$18.00 to C$19.00 in a report on Monday, March 3rd. Eight 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 target price of C$18.00.

Check Out Our Latest Analysis on Chartwell Retirement Residences

Chartwell Retirement Residences Trading Down 1.0 %

TSE:CSH.UN opened at C$16.76 on Thursday. Chartwell Retirement Residences has a 1 year low of C$12.05 and a 1 year high of C$17.69. The stock’s fifty day moving average price is C$16.57 and its two-hundred day moving average price is C$15.89. The company has a debt-to-equity ratio of 192.20, a current ratio of 0.43 and a quick ratio of 0.07. The company has a market cap of C$4.55 billion, a P/E ratio of -98.59 and a beta of 1.12.

Chartwell Retirement Residences Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 17th were given a dividend of $0.051 per share. The ex-dividend date was Friday, February 28th. This represents a $0.61 annualized dividend and a yield of 3.65%. Chartwell Retirement Residences’s payout ratio is -358.82%.

Chartwell Retirement Residences Company Profile

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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.

Further Reading

Analyst Recommendations for Chartwell Retirement Residences (TSE:CSH.UN)

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