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

Shares of Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) have been given a consensus rating of “Moderate Buy” by the seven brokerages that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$15.81.

A number of research analysts have recently weighed in on the company. National Bankshares set a C$15.50 price target on Choice Properties Real Est Invstmnt Trst and gave the company a “sector perform” rating in a report on Friday, December 20th. CIBC lifted their target price on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 in a research note on Friday, November 8th. BMO Capital Markets increased their price target on shares of Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 in a research report on Monday, October 28th. Scotiabank lowered their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$16.00 to C$15.50 in a research report on Thursday, January 30th. Finally, Raymond James dropped their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$16.50 to C$16.00 in a research note on Monday, January 13th.

Choice Properties Real Est Invstmnt Trst Trading Up 0.8 %

Choice Properties Real Est Invstmnt Trst stock opened at C$13.64 on Tuesday. Choice Properties Real Est Invstmnt Trst has a 52 week low of C$12.42 and a 52 week high of C$15.33. The company has a debt-to-equity ratio of 249.71, a quick ratio of 0.13 and a current ratio of 0.70. The firm has a market capitalization of C$4.47 billion, a price-to-earnings ratio of 15.33 and a beta of 0.67. The company has a 50 day moving average price of C$13.28 and a 200 day moving average price of C$14.00.

About Choice Properties Real Est Invstmnt Trst

Choice Properties Real Estate Investment Trust invests in, manages, and develops retail and commercial properties across Canada. The company’s portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick.