Chartwell Retirement Residences (TSE:CSH.UN) Given a C$18.00 Price Target at BMO Capital Markets

BMO Capital Markets set a C$18.00 price objective on Chartwell Retirement Residences (TSE:CSH.UN) in a research report report published on Thursday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

CSH.UN has been the topic of several other research reports. TD Securities increased their target price on Chartwell Retirement Residences from C$18.00 to C$19.00 and gave the company a “buy” rating in a research report on Monday, November 18th. CIBC increased their target price on Chartwell Retirement Residences from C$16.50 to C$19.00 in a research report on Monday, November 18th. Seven analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$17.21.

Chartwell Retirement Residences Stock Up 1.3 %

Shares of TSE CSH.UN opened at C$16.10 on Thursday. The company has a current ratio of 0.43, a quick ratio of 0.07 and a debt-to-equity ratio of 192.20. The stock has a market capitalization of C$4.37 billion, a PE ratio of -94.71 and a beta of 1.12. The stock’s fifty day simple moving average is C$15.56 and its two-hundred day simple moving average is C$15.05. Chartwell Retirement Residences has a 12-month low of C$11.76 and a 12-month high of C$16.35.

Chartwell Retirement Residences Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Tuesday, February 18th will be given 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 3.80%. Chartwell Retirement Residences’s dividend payout ratio is currently -358.82%.

Chartwell Retirement Residences Company Profile

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.