Chartwell Retirement Residences (TSE:CSH.UN) had its target price hoisted by CIBC from C$15.75 to C$16.00 in a research note published on Monday morning, BayStreet.CA reports.
Several other equities research analysts also recently commented on CSH.UN. BMO Capital Markets set a C$16.00 price objective on Chartwell Retirement Residences and gave the company an outperform rating in a report on Thursday, May 23rd. TD Securities decreased their price target on Chartwell Retirement Residences from C$18.00 to C$17.50 and set a buy rating for the company in a report on Monday, May 13th. Finally, National Bank Financial decreased their price target on Chartwell Retirement Residences from C$16.50 to C$16.00 and set a sector perform rating for the company in a report on Monday, May 13th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has an average rating of Buy and a consensus target price of C$16.46.
TSE CSH.UN opened at C$14.73 on Monday. The company has a market capitalization of $3.11 billion and a P/E ratio of 167.39. Chartwell Retirement Residences has a 52 week low of C$13.42 and a 52 week high of C$15.79. The firm’s 50 day moving average price is C$15.33. The company has a debt-to-equity ratio of 255.96, a quick ratio of 0.10 and a current ratio of 0.19.
The business also recently declared a monthly dividend, which will be paid on Thursday, August 15th. Investors of record on Thursday, August 15th will be issued a dividend of $0.05 per share. The ex-dividend date is Tuesday, July 30th. This represents a $0.60 annualized dividend and a yield of 4.07%. Chartwell Retirement Residences’s dividend payout ratio (DPR) is currently 681.82%.
Chartwell Retirement Residences Company Profile
Chartwell is an unincorporated, open-ended trust which indirectly owns and operates a complete range of seniors housing communities, from independent supportive living through assisted living to long term care. It is the largest operator in the Canadian seniors living sector with over 200 quality retirement communities in four provinces.
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