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

by · The Cerbat Gem

Shares of Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN – Get Free Report) have earned an average rating of “Moderate Buy” from the eight ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$15.69.

A number of research analysts have issued reports on CHP.UN shares. Canaccord Genuity Group boosted their price target on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.50 and gave the stock a “buy” rating in a research report on Monday, September 16th. TD Securities boosted their price objective on 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. Raymond James boosted their price objective on Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.50 in a research note on Friday, September 6th. BMO Capital Markets boosted their price objective on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 and gave the stock an “outperform” rating in a research note on Monday, July 22nd. Finally, Scotiabank boosted their price objective on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 and gave the stock an “outperform” rating in a research note on Monday, July 22nd.

View Our Latest Report on CHP.UN

Choice Properties Real Est Invstmnt Trst Stock Performance

The company has a quick ratio of 0.13, a current ratio of 0.70 and a debt-to-equity ratio of 249.71. Choice Properties Real Est Invstmnt Trst has a 12-month low of C$11.79 and a 12-month high of C$15.33. The stock’s 50-day simple moving average is C$14.53 and its two-hundred day simple moving average is C$13.62. The firm has a market cap of C$4.93 billion, a price-to-earnings ratio of 16.93 and a beta of 0.66.

About Choice Properties Real Est Invstmnt Trst

(Get Free Report

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.

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