Chemtrade Logistics Income Fund (TSE:CHE.UN – Get Free Report) had its target price hoisted by investment analysts at BMO Capital Markets from C$11.00 to C$12.00 in a research report issued on Tuesday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price objective points to a potential upside of 11.63% from the stock’s current price.
A number of other equities research analysts have also recently issued reports on the company. Desjardins raised their target price on Chemtrade Logistics Income Fund from C$13.00 to C$13.25 and gave the company a “buy” rating in a research note on Friday, August 16th. Scotiabank boosted their price objective on Chemtrade Logistics Income Fund from C$10.50 to C$11.00 in a research report on Monday, August 19th. National Bankshares lifted their target price on Chemtrade Logistics Income Fund from C$13.50 to C$14.00 and gave the company an “outperform” rating in a research note on Friday, August 16th. Finally, CIBC upped their price objective on shares of Chemtrade Logistics Income Fund from C$13.50 to C$14.00 in a report on Friday, August 16th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$12.71.
Get Our Latest Stock Analysis on CHE.UN
Chemtrade Logistics Income Fund Stock Up 2.4 %
Chemtrade Logistics Income Fund Company Profile
Chemtrade Logistics Income Fund provides industrial chemicals and services in Canada, the United States, and South America. It operates through Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), and Electrochemicals (EC) segments. The SPPC segment removes and/or produces merchant, regenerated, and ultra pure sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides.
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