Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) PT Set at C$15.50 by National Bankshares

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) has been given a C$15.50 target price by analysts at National Bankshares in a research report issued on Friday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the real estate investment trust’s stock. National Bankshares’ price objective points to a potential upside of 16.10% from the stock’s current price.

CHP.UN has been the subject of several other research reports. BMO Capital Markets upped their price target on shares of Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 in a report on Monday, October 28th. TD Securities lifted their price target on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.00 and gave the company a “buy” rating in a research note on Wednesday, September 4th. Raymond James upped their price objective on Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.50 in a research report on Friday, September 6th. CIBC lifted their target price on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 in a research report on Friday, November 8th. Finally, Canaccord Genuity Group upped their price target on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.50 and gave the stock a “buy” rating in a research report on Monday, September 16th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Choice Properties Real Est Invstmnt Trst has a consensus rating of “Moderate Buy” and an average target price of C$15.88.

Choice Properties Real Est Invstmnt Trst Stock Up 1.4 %

TSE:CHP.UN opened at C$13.35 on Friday. Choice Properties Real Est Invstmnt Trst has a 1 year low of C$12.42 and a 1 year high of C$15.33. The stock has a 50-day moving average price of C$14.05 and a two-hundred day moving average price of C$13.93. The stock has a market cap of C$4.38 billion, a price-to-earnings ratio of 15.00 and a beta of 0.67. The company has a current ratio of 0.70, a quick ratio of 0.13 and a debt-to-equity ratio of 249.71.

About Choice Properties Real Est Invstmnt Trst

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.