Chemtrade Logistics Income Fund (TSE:CHE) Stock Rating Lowered by BMO Capital Markets

Chemtrade Logistics Income Fund (TSE:CHE) was downgraded by analysts at BMO Capital Markets from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Separately, Raymond James Financial cut shares of Chemtrade Logistics Income Fund from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Chemtrade Logistics Income Fund Stock 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. The company was incorporated in 1970 and is headquartered in Cincinnati, Ohio.