Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN – Free Report) had its price objective decreased by Desjardins from C$15.50 to C$15.00 in a research report released on Friday, BayStreet.CA reports. Desjardins currently has a buy rating on the real estate investment trust’s stock.
A number of other equities analysts have also weighed in on CHP.UN. Canaccord Genuity Group upgraded shares of Choice Properties Real Est Invstmnt Trst from a hold rating to a buy rating and set a C$14.50 target price for the company in a research report on Friday. TD Securities cut their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$16.00 to C$15.00 in a research report on Wednesday, April 24th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Choice Properties Real Est Invstmnt Trst has a consensus rating of Moderate Buy and an average target price of C$14.81.
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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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