Chartwell Retirement Residences (TSE:CSH.UN) Given a C$20.50 Price Target by Canaccord Genuity Group Analysts

Chartwell Retirement Residences (TSE:CSH.UN) has been given a C$20.50 price objective by Canaccord Genuity Group in a research note issued to investors on Thursday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 22.32% from the company’s current price.

Several other equities research analysts also recently weighed in on CSH.UN. BMO Capital Markets raised their target price on shares of Chartwell Retirement Residences from C$18.00 to C$19.00 in a research note on Monday, March 3rd. TD Securities raised their price objective on Chartwell Retirement Residences from C$19.00 to C$20.00 and gave the stock a “buy” rating in a research report on Monday, March 3rd. Finally, CIBC upped their target price on Chartwell Retirement Residences from C$19.00 to C$20.00 in a research report on Monday, March 3rd. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat, Chartwell Retirement Residences presently has a consensus rating of “Buy” and an average target price of C$18.00.

Chartwell Retirement Residences Stock Down 1.0 %

TSE:CSH.UN opened at C$16.76 on Thursday. The company’s 50-day simple moving average is C$16.57 and its 200-day simple moving average is C$15.89. The company has a debt-to-equity ratio of 192.20, a quick ratio of 0.07 and a current ratio of 0.43. Chartwell Retirement Residences has a fifty-two week low of C$12.05 and a fifty-two week high of C$17.69. The stock has a market capitalization of C$4.55 billion, a P/E ratio of -98.59 and a beta of 1.12.

About Chartwell Retirement Residences

Chartwell Retirement Residences is an unincorporated open-ended trust. The company is engaged in the ownership, operation, and management of retirement and long-term care communities in Canada. It operates its retirement and long-term care facilities separately. The Retirement Operations segment consists of communities that the company owns and operates in Canada.