Chartwell Retirement Residences (TSE:CSH.UN) PT Raised to C$14.00

Chartwell Retirement Residences (TSE:CSH.UNGet Free Report) had its price objective boosted by stock analysts at Scotiabank from C$12.50 to C$14.00 in a report released on Friday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Scotiabank’s target price suggests a potential upside of 20.17% from the company’s current price.

A number of other research firms also recently commented on CSH.UN. Royal Bank of Canada raised their price objective on Chartwell Retirement Residences from C$13.00 to C$14.00 and gave the stock an “outperform” rating in a report on Wednesday, November 15th. CIBC raised their price objective on Chartwell Retirement Residences from C$13.00 to C$14.00 and gave the stock an “outperform” rating in a report on Monday, November 13th. Finally, TD Securities raised their price objective on Chartwell Retirement Residences from C$12.00 to C$12.50 and gave the stock a “buy” rating in a report on Monday, November 13th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$13.30.

View Our Latest Research Report on Chartwell Retirement Residences

Chartwell Retirement Residences Trading Up 1.0 %

TSE:CSH.UN traded up C$0.11 during mid-day trading on Friday, reaching C$11.65. The company’s stock had a trading volume of 2,072,912 shares, compared to its average volume of 458,302. The company’s fifty day simple moving average is C$11.37 and its two-hundred day simple moving average is C$10.61. The company has a debt-to-equity ratio of 266.20, a current ratio of 0.08 and a quick ratio of 0.07. Chartwell Retirement Residences has a twelve month low of C$8.10 and a twelve month high of C$12.02. The stock has a market cap of C$2.79 billion, a P/E ratio of -583.50 and a beta of 1.12.

About Chartwell Retirement Residences

(Get Free Report)

Chartwell is an unincorporated, open-ended trust which indirectly owns and operates a complete range of seniors housing communities, from independent supportive living through assisted living to long term care. It is the largest operator in the Canadian seniors living sector with over 200 quality retirement communities in four provinces.

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