Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Receives C$15.00 Average Price Target from Analysts

Shares of Choice Properties Real Est Invstmnt Trst (TSE:CHP.UNGet Free Report) have earned an average rating of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$15.00.

A number of analysts have issued reports on CHP.UN shares. Desjardins boosted their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$14.50 to C$15.50 and gave the company a “buy” rating in a report on Friday, February 16th. Canaccord Genuity Group boosted their price target on Choice Properties Real Est Invstmnt Trst from C$13.50 to C$14.50 and gave the company a “hold” rating in a research note on Wednesday, December 20th.

Read Our Latest Report on Choice Properties Real Est Invstmnt Trst

Choice Properties Real Est Invstmnt Trst Price Performance

Shares of CHP.UN opened at C$13.58 on Friday. The company has a market cap of C$4.45 billion, a price-to-earnings ratio of 12.35 and a beta of 0.63. The company has a current ratio of 0.43, a quick ratio of 0.13 and a debt-to-equity ratio of 279.73. The company’s fifty day simple moving average is C$13.73 and its 200 day simple moving average is C$13.40. Choice Properties Real Est Invstmnt Trst has a 1-year low of C$11.79 and a 1-year high of C$14.99.

Choice Properties Real Est Invstmnt Trst Company Profile

(Get Free Report

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.

See Also

Analyst Recommendations for Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN)

Receive News & Ratings for Choice Properties Real Est Invstmnt Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Choice Properties Real Est Invstmnt Trst and related companies with MarketBeat.com's FREE daily email newsletter.