Chartwell Retirement Residences (TSE:CSH.UN) Stock Price Expected to Rise, Scotiabank Analyst Says

Chartwell Retirement Residences (TSE:CSH.UN) had its target price lifted by equities researchers at Scotiabank from C$20.00 to C$22.00 in a report issued on Monday,BayStreet.CA reports. Scotiabank’s price target indicates a potential upside of 19.57% from the company’s previous close.

CSH.UN has been the topic of several other reports. BMO Capital Markets upped their target price on shares of Chartwell Retirement Residences from C$19.00 to C$21.00 in a research report on Monday, May 12th. Royal Bank Of Canada lifted their target price on shares of Chartwell Retirement Residences from C$20.00 to C$21.00 and gave the stock an “outperform” rating in a research report on Monday. TD Securities cut their target price on shares of Chartwell Retirement Residences from C$22.00 to C$21.00 and set a “buy” rating for the company in a research report on Monday. Finally, Desjardins lifted their target price on shares of Chartwell Retirement Residences from C$21.00 to C$22.00 and gave the stock a “buy” rating in a research report on Monday. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$20.44.

Chartwell Retirement Residences Trading Up 0.1%

Shares of CSH.UN opened at C$18.40 on Monday. 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$18.09 and its two-hundred day moving average is C$17.32. Chartwell Retirement Residences has a twelve month low of C$14.24 and a twelve month high of C$18.79. The firm has a market capitalization of C$4.99 billion, a P/E ratio of -108.24 and a beta of 1.12.

Chartwell Retirement Residences Company Profile

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.