Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) have earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is C$15.34.

CHP.UN has been the topic of several research reports. Desjardins decreased their target price on Choice Properties Real Est Invstmnt Trst from C$16.50 to C$16.00 and set a “buy” rating on the stock in a research note on Monday, July 24th. TD Securities decreased their target price on Choice Properties Real Est Invstmnt Trst from C$17.00 to C$16.00 in a research note on Wednesday, July 5th. Finally, National Bankshares decreased their target price on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$14.00 in a research note on Tuesday, July 18th.

Choice Properties Real Est Invstmnt Trst Stock Performance

Shares of Choice Properties Real Est Invstmnt Trst stock opened at C$13.55 on Tuesday. Choice Properties Real Est Invstmnt Trst has a 52 week low of C$12.18 and a 52 week high of C$15.77. The business’s fifty day simple moving average is C$13.43 and its 200-day simple moving average is C$13.83. The firm has a market cap of C$4.44 billion, a PE ratio of 8.36 and a beta of 0.63. The company has a quick ratio of 0.13, a current ratio of 0.36 and a debt-to-equity ratio of 266.70.

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.