Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) PT Lowered to C$15.00

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) had its price objective dropped by equities research analysts at TD Securities from C$16.00 to C$15.00 in a research note issued on Wednesday, BayStreet.CA reports. TD Securities’ price objective points to a potential upside of 14.85% from the company’s previous close.

Separately, Desjardins upped their target price on Choice Properties Real Est Invstmnt Trst from C$14.50 to C$15.50 and gave the company a “buy” rating in a research note on Friday, February 16th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$14.88.

Choice Properties Real Est Invstmnt Trst Stock Performance

CHP.UN stock opened at C$13.06 on Wednesday. The company has a market cap of C$4.28 billion, a P/E ratio of 11.98 and a beta of 0.64. Choice Properties Real Est Invstmnt Trst has a 1 year low of C$11.79 and a 1 year high of C$14.99. The company has a debt-to-equity ratio of 279.73, a current ratio of 0.43 and a quick ratio of 0.13. The stock’s fifty day moving average price is C$13.47 and its 200-day moving average price is C$13.44.

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.