Shares of Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is C$15.69.
Several equities analysts recently commented on CHP.UN shares. Canaccord Genuity Group upped their price objective on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.50 and gave the company a “buy” rating in a research note on Monday, September 16th. Scotiabank upped their price target on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 and gave the company an “outperform” rating in a research report on Monday, July 22nd. TD Securities increased their price target 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. Finally, Desjardins increased their target price on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 in a research report on Monday, July 22nd.
Check Out Our Latest Stock Report on CHP.UN
Choice Properties Real Est Invstmnt Trst Stock Up 2.1 %
Choice Properties Real Est Invstmnt Trst Company Profile
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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