National Bankshares Increases Chartwell Retirement Residences (TSE:CSH.UN) Price Target to C$16.00

Chartwell Retirement Residences (TSE:CSH.UN) had its price objective upped by equities research analysts at National Bankshares from C$15.00 to C$16.00 in a research report issued to clients and investors on Tuesday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price objective suggests a potential upside of 12.20% from the stock’s current price.

A number of other equities analysts also recently weighed in on CSH.UN. CIBC increased their price target on shares of Chartwell Retirement Residences from C$15.00 to C$16.50 and gave the stock an “outperform” rating in a research note on Monday. TD Securities raised their price objective on shares of Chartwell Retirement Residences from C$16.00 to C$17.00 and gave the stock a “buy” rating in a report on Monday. Scotiabank raised their price target on shares of Chartwell Retirement Residences from C$15.00 to C$15.50 and gave the stock an “outperform” rating in a research report on Monday. Desjardins raised their price target on shares of Chartwell Retirement Residences from C$15.50 to C$16.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Royal Bank of Canada raised their price target on shares of Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a research report on Monday. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Chartwell Retirement Residences currently has a consensus rating of “Buy” and a consensus target price of C$16.17.

Chartwell Retirement Residences Trading Down 0.1 %

Shares of CSH.UN traded down C$0.02 on Tuesday, hitting C$14.26. 109,017 shares of the stock traded hands, compared to its average volume of 414,265. The company has a quick ratio of 0.07, a current ratio of 0.43 and a debt-to-equity ratio of 192.20. The firm has a market capitalization of C$3.87 billion, a P/E ratio of -83.88 and a beta of 1.12. The stock’s 50 day moving average is C$13.16 and its two-hundred day moving average is C$12.63. Chartwell Retirement Residences has a 1 year low of C$9.59 and a 1 year high of C$14.42.

About Chartwell Retirement Residences

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.