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

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) has been given an average rating of “Moderate Buy” by the seven analysts that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is C$15.81.

CHP.UN has been the subject of several recent analyst reports. National Bankshares set a C$15.50 price target on shares of Choice Properties Real Est Invstmnt Trst and gave the stock a “sector perform” rating in a report on Friday, December 20th. Scotiabank cut their price target on shares of Choice Properties Real Est Invstmnt Trst from C$16.00 to C$15.50 in a report on Thursday, January 30th. Finally, Raymond James dropped their target price on shares of Choice Properties Real Est Invstmnt Trst from C$16.50 to C$16.00 in a report on Monday, January 13th.

Choice Properties Real Est Invstmnt Trst Price Performance

Shares of TSE CHP.UN opened at C$13.96 on Friday. The firm has a market cap of C$4.58 billion, a PE ratio of 15.69 and a beta of 0.67. The firm has a fifty day moving average of C$13.49 and a 200 day moving average of C$13.98. The company has a debt-to-equity ratio of 249.71, a quick ratio of 0.13 and a current ratio of 0.70. Choice Properties Real Est Invstmnt Trst has a one year low of C$12.42 and a one year high of C$15.33.

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.