Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN – Get Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as C$13.17 and last traded at C$13.08, with a volume of 8673 shares. The stock had previously closed at C$13.01.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on the company. Desjardins dropped their price target on Choice Properties Real Est Invstmnt Trst from C$16.50 to C$16.00 and set a “buy” rating for the company in a report on Monday, July 24th. TD Securities dropped their price target on Choice Properties Real Est Invstmnt Trst from C$17.00 to C$16.00 in a report on Wednesday, July 5th. Finally, National Bankshares dropped their price target on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$14.00 in a report on Tuesday, July 18th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$15.34.
Choice Properties Real Est Invstmnt Trst Stock Performance
About Choice Properties Real Est Invstmnt Trst
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.
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