Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) have been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is C$15.88.

A number of analysts have issued reports on CHP.UN shares. BMO Capital Markets lifted their price target on shares of Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 in a report on Monday, October 28th. National Bankshares set a C$15.50 target price on Choice Properties Real Est Invstmnt Trst and gave the stock a “sector perform” rating in a report on Friday, December 20th. CIBC increased their price target on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 in a research note on Friday, November 8th. Finally, Canaccord Genuity Group raised their price target on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.50 and gave the company a “buy” rating in a report on Monday, September 16th.

Choice Properties Real Est Invstmnt Trst Trading Up 0.7 %

Choice Properties Real Est Invstmnt Trst stock opened at C$13.48 on Monday. Choice Properties Real Est Invstmnt Trst has a 1 year low of C$12.42 and a 1 year high of C$15.33. The firm’s 50 day moving average price is C$13.81 and its 200-day moving average price is C$13.98. The company has a debt-to-equity ratio of 249.71, a current ratio of 0.70 and a quick ratio of 0.13. The stock has a market cap of C$4.42 billion, a P/E ratio of 15.15 and a beta of 0.67.

Choice Properties Real Est Invstmnt Trst Company Profile

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.