Choice Properties REIT (TSE:CHP) Downgraded by National Bank Financial to “Hold”

National Bank Financial lowered shares of Choice Properties REIT (TSE:CHPFree Report) from a strong-buy rating to a hold rating in a report issued on Wednesday,Zacks.com reports.

Separately, Desjardins cut shares of Choice Properties REIT from a “moderate buy” rating to a “hold” rating in a research report on Sunday, July 20th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

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Choice Properties REIT Price Performance

Choice Properties REIT has a 1-year low of C$11.59 and a 1-year high of C$14.26.

Choice Properties REIT Company Profile

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Choice Properties Real Estate Investment Trust (the Trust) is an unincorporated, open-ended real estate investment trust. The Trust is the owner, manager and developer of retail and other commercial properties across Canada. Its portfolio comprises over 530 properties with a total gross leasable area (GLA) of approximately 44 million square feet.

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