Chartwell Retirement Residences (TSE:CSH.UN) Price Target Raised to C$19.00

Chartwell Retirement Residences (TSE:CSH.UN) had its price target lifted by BMO Capital Markets from C$18.00 to C$19.00 in a research note issued to investors on Monday,BayStreet.CA reports.

A number of other brokerages have also recently weighed in on CSH.UN. 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. CIBC upped their price objective on shares of Chartwell Retirement Residences from C$19.00 to C$20.00 in a research note on Monday. Seven research analysts have rated the stock with a buy rating, According to MarketBeat.com, Chartwell Retirement Residences presently has an average rating of “Buy” and a consensus target price of C$17.64.

Chartwell Retirement Residences Stock Down 0.7 %

CSH.UN opened at C$17.33 on Monday. Chartwell Retirement Residences has a one year low of C$11.91 and a one year high of C$17.69. The company has a debt-to-equity ratio of 192.20, a quick ratio of 0.07 and a current ratio of 0.43. The business’s fifty day moving average is C$15.91 and its two-hundred day moving average is C$15.55. The company has a market cap of C$4.70 billion, a price-to-earnings ratio of -101.94 and a beta of 1.12.

Chartwell Retirement Residences Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 17th will be paid a dividend of $0.051 per share. The ex-dividend date is Friday, February 28th. This represents a $0.61 annualized dividend and a yield of 3.53%. Chartwell Retirement Residences’s dividend payout ratio is presently -358.82%.

Chartwell Retirement Residences Company Profile

Chartwell Retirement Residences is an unincorporated open-ended trust. The company is engaged in the ownership, operation, and management of retirement and long-term care communities in Canada. It operates its retirement and long-term care facilities separately. The Retirement Operations segment consists of communities that the company owns and operates in Canada.