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

Shares of Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) have been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is C$15.81.

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

Choice Properties Real Est Invstmnt Trst Stock Up 0.9 %

CHP.UN opened at C$13.84 on Friday. The company has a debt-to-equity ratio of 249.71, a quick ratio of 0.13 and a current ratio of 0.70. The company has a market capitalization of C$4.54 billion, a PE ratio of 15.55 and a beta of 0.67. The stock’s fifty day moving average is C$13.41 and its 200-day moving average is C$13.99. 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.