TD Securities set a C$16.00 target price on Chartwell Retirement Residences (TSE:CSH.UN – Free Report) in a report issued on Friday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.
CSH.UN has been the subject of a number of other reports. Royal Bank of Canada increased their price target on Chartwell Retirement Residences from C$14.00 to C$15.00 and gave the company an outperform rating in a research note on Thursday, May 16th. CIBC increased their price target on Chartwell Retirement Residences from C$14.00 to C$15.00 in a research note on Monday, March 11th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat, Chartwell Retirement Residences has a consensus rating of Buy and an average price target of C$14.75.
View Our Latest Analysis on CSH.UN
Chartwell Retirement Residences Stock Performance
Chartwell Retirement Residences Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Monday, July 15th. Stockholders of record on Monday, July 15th will be paid a dividend of $0.051 per share. This represents a $0.61 annualized dividend and a dividend yield of 4.76%. The ex-dividend date of this dividend is Friday, June 28th. Chartwell Retirement Residences’s dividend payout ratio is presently -290.48%.
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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