Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Receives C$15.94 Average PT from Brokerages

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) has received a consensus recommendation of “Buy” from the six analysts that are presently covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a buy recommendation. The average 1-year price target among brokerages that have covered the stock in the last year is C$15.94.

A number of brokerages recently commented on CHP.UN. Raymond James decreased their target price on shares of Choice Properties Real Est Invstmnt Trst from C$16.50 to C$16.00 in a research report on Monday, January 13th. National Bankshares raised Choice Properties Real Est Invstmnt Trst from a “sector perform” rating to an “outperform” rating and boosted their target price for the company from C$15.50 to C$16.00 in a research note on Monday, April 14th. Finally, Scotiabank raised their price target on Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 and gave the stock an “outperform” rating in a research report on Monday, April 28th.

Choice Properties Real Est Invstmnt Trst Trading Down 0.9 %

CHP.UN stock opened at C$14.88 on Friday. The company has a market capitalization of C$4.88 billion, a PE ratio of 16.72 and a beta of 0.67. The company has a debt-to-equity ratio of 249.71, a quick ratio of 0.13 and a current ratio of 0.70. Choice Properties Real Est Invstmnt Trst has a one year low of C$12.42 and a one year high of C$15.33. The company’s 50 day moving average price is C$14.20 and its two-hundred day moving average price is C$13.82.

Choice Properties Real Est Invstmnt Trst Company Profile

Choice Properties Real Estate Investment Trust invests in, manages, and develops retail and commercial properties across Canada. The company’s portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick.