Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) PT Set at C$15.50 by National Bankshares

National Bankshares set a C$15.50 target price on Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) in a report issued on Friday morning,BayStreet.CA reports. The firm currently has a sector perform rating on the real estate investment trust’s stock.

Other equities research analysts have also recently issued research reports about the company. TD Securities increased their price target on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.00 and gave the company a “buy” rating in a research note on Wednesday, September 4th. Canaccord Genuity Group increased their target price on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.50 and gave the company a “buy” rating in a research report on Monday, September 16th. CIBC raised their price target on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 in a report on Friday, November 8th. Raymond James increased their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.50 in a research report on Friday, September 6th. Finally, BMO Capital Markets boosted their target price on shares of Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 in a report on Monday, October 28th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$15.88.

Choice Properties Real Est Invstmnt Trst Stock Performance

Shares of Choice Properties Real Est Invstmnt Trst stock opened at C$13.35 on Friday. The stock has a market cap of C$4.38 billion, a price-to-earnings ratio of 15.00 and a beta of 0.67. Choice Properties Real Est Invstmnt Trst has a twelve month low of C$12.42 and a twelve month high of C$15.33. The company’s fifty day moving average is C$14.08 and its 200 day moving average is C$13.93. The company has a quick ratio of 0.13, a current ratio of 0.70 and a debt-to-equity ratio of 249.71.

Choice Properties Real Est Invstmnt Trst Company Profile

Choice Properties, Canada's preeminent diversified real estate investment trust, is the owner, manager and developer of a high quality portfolio comprising 756 properties totaling 67.7 million square feet of gross leasable area. The portfolio is comprised of retail properties, predominantly leased to necessity-based tenants, industrial, office and residential assets concentrated in attractive markets and offers an unmatched development pipeline.