Chartwell Retirement Residences (TSE:CSH.UN) Receives Consensus Recommendation of “Buy” from Brokerages

Chartwell Retirement Residences (TSE:CSH.UNGet Free Report) has been assigned a consensus recommendation of “Buy” from the six analysts that are currently covering the company, MarketBeat reports. Six analysts have rated the stock with a buy rating. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$17.08.

Several equities research analysts have recently weighed in on the stock. CIBC increased their target price on shares of Chartwell Retirement Residences from C$16.50 to C$19.00 in a research note on Monday, November 18th. TD Securities raised their price objective on shares of Chartwell Retirement Residences from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research note on Monday, November 18th.

Get Our Latest Stock Analysis on CSH.UN

Chartwell Retirement Residences Stock Performance

TSE CSH.UN opened at C$15.61 on Tuesday. The company has a market cap of C$4.24 billion, a P/E ratio of -91.82 and a beta of 1.12. The business’s 50 day moving average price is C$15.54 and its 200-day moving average price is C$14.89. Chartwell Retirement Residences has a fifty-two week low of C$11.41 and a fifty-two week high of C$16.31. The company has a debt-to-equity ratio of 192.20, a quick ratio of 0.07 and a current ratio of 0.43.

Chartwell Retirement Residences Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, February 18th. Investors of record on Tuesday, February 18th will be issued a dividend of $0.051 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.61 dividend on an annualized basis and a yield of 3.92%. Chartwell Retirement Residences’s payout ratio is -358.82%.

Chartwell Retirement Residences Company Profile

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Chartwell is in the business of serving and caring for Canada’s seniors, committed to its vision of Making People’s Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.

Further Reading

Analyst Recommendations for Chartwell Retirement Residences (TSE:CSH.UN)

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