Scotiabank Trims Chemtrade Logistics Income Fund (CHE.UN) Target Price to C$20.00

Chemtrade Logistics Income Fund (TSE:CHE.UN) had its target price reduced by stock analysts at Scotiabank from C$20.50 to C$20.00 in a research report issued to clients and investors on Monday, July 10th. The brokerage currently has an “outperform” rating on the stock.

A number of other equities analysts have also weighed in on CHE.UN. CIBC upped their target price on Chemtrade Logistics Income Fund from C$19.00 to C$22.00 and gave the stock an “outperform” rating in a research report on Monday, March 13th. TD Securities reaffirmed a “buy” rating and set a C$23.00 target price on shares of Chemtrade Logistics Income Fund in a research report on Tuesday, April 4th. Finally, Raymond James Financial, Inc. lowered their target price on Chemtrade Logistics Income Fund from C$23.00 to C$21.00 and set an “outperform” rating on the stock in a research report on Thursday, May 11th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Chemtrade Logistics Income Fund presently has a consensus rating of “Buy” and a consensus price target of C$20.92.

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Chemtrade Logistics Income Fund Company Profile

Chemtrade Logistics Income Fund (Chemtrade) provides industrial chemicals and services. Chemtrade operates in four business segments: Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), International (Intl) and Corporate (Corp). Its SPPC segment markets, removes and produces merchant, regenerated sulfuric acid, liquid sulfur dioxide, sodium hydrosulfite, elemental sulfur, hydrogen sulfide, and sodium bisulfite and other processing services.

Analyst Recommendations for Chemtrade Logistics Income Fund (TSE:CHE.UN)

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