Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Receives C$15.81 Consensus Price Target from Analysts

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) has earned a consensus recommendation of “Buy” from the six analysts that are currently covering the company, Marketbeat reports. Six research analysts have rated the stock with a buy recommendation. The average twelve-month price target among brokerages that have covered the stock in the last year is C$15.93.

CHP.UN has been the topic of a number of recent research reports. CIBC lifted their price target on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 in a report on Friday, November 8th. BMO Capital Markets lifted their target price on shares of Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 in a research note on Monday, October 28th. Desjardins lifted their target price on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 in a research note on Monday, July 22nd. TD Securities lifted their target price on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. Finally, Raymond James lifted their target price on shares of Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.50 in a research note on Friday, September 6th.

Choice Properties Real Est Invstmnt Trst Price Performance

CHP.UN stock opened at C$13.76 on Friday. The company has a market capitalization of C$4.51 billion, a P/E ratio of 15.46 and a beta of 0.67. The company has a fifty day moving average price of C$14.67 and a 200-day moving average price of C$13.80. The company has a debt-to-equity ratio of 249.71, a quick ratio of 0.13 and a current ratio of 0.70. Choice Properties Real Est Invstmnt Trst has a 52-week low of C$12.42 and a 52-week high of C$15.33.

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.