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

Chartwell Retirement Residences (TSE:CSH.UN) had its price objective raised by stock analysts at TD Securities from C$20.00 to C$21.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. TD Securities’ price objective indicates a potential upside of 17.32% from the stock’s current price.

A number of other equities research analysts have also recently issued reports on CSH.UN. BMO Capital Markets upped their price objective on Chartwell Retirement Residences from C$18.00 to C$19.00 in a research note on Monday, March 3rd. CIBC upped their price objective on Chartwell Retirement Residences from C$19.00 to C$20.00 in a research note on Monday, March 3rd. Finally, Canaccord Genuity Group set a C$20.50 price objective on Chartwell Retirement Residences and gave the stock a “buy” rating in a research note on Thursday, April 3rd. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$18.38.

Chartwell Retirement Residences Trading Down 0.6%

Shares of Chartwell Retirement Residences stock opened at C$17.90 on Monday. Chartwell Retirement Residences has a 12-month low of C$12.15 and a 12-month high of C$18.49. The stock has a market cap of C$4.86 billion, a P/E ratio of -105.29 and a beta of 1.12. The company has a quick ratio of 0.07, a current ratio of 0.43 and a debt-to-equity ratio of 192.20. The business’s 50 day moving average is C$16.76 and its 200-day moving average is C$16.17.

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.