Chemtrade Logistics Income Fund (TSE:CHE) Downgraded to “Hold” Rating by Scotiabank

Scotiabank downgraded shares of Chemtrade Logistics Income Fund (TSE:CHE) from a strong-buy rating to a hold rating in a research note issued to investors on Thursday morning,Zacks.com reports.

Several other equities analysts also recently commented on the company. Raymond James Financial upgraded Chemtrade Logistics Income Fund from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday. Cibc World Mkts upgraded Chemtrade Logistics Income Fund from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 18th. Two analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Chemtrade Logistics Income Fund presently has an average rating of “Buy”.

Chemtrade Logistics Income Fund Price Performance

About Chemtrade Logistics Income Fund

Chemed Corporation provides hospice and palliative care services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers primarily in the United States. The company operates in two segments, VITAS and Roto-Rooter. It offers plumbing, drain cleaning, excavation, water restoration, and other related services to residential and commercial customers through company-owned branches, independent contractors, and franchisees.