Chartwell Retirement Residences (TSE:CSH.UN) Price Target Raised to C$19.00 at BMO Capital Markets

Chartwell Retirement Residences (TSE:CSH.UN) had its price objective increased by BMO Capital Markets from C$18.00 to C$19.00 in a report published on Monday morning,BayStreet.CA reports.

Several other research analysts have also issued reports on CSH.UN. CIBC increased their price target on shares of Chartwell Retirement Residences from C$19.00 to C$20.00 in a research note on Monday. TD Securities upped their price target on Chartwell Retirement Residences from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research note on Monday, November 18th. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$17.64.

Chartwell Retirement Residences Stock Performance

TSE:CSH.UN opened at C$17.26 on Monday. The firm’s fifty day simple moving average is C$15.87 and its 200 day simple moving average is C$15.53. The company has a quick ratio of 0.07, a current ratio of 0.43 and a debt-to-equity ratio of 192.20. The stock has a market cap of C$4.68 billion, a P/E ratio of -101.53 and a beta of 1.12. Chartwell Retirement Residences has a twelve month low of C$11.91 and a twelve month high of C$17.32.

Chartwell Retirement Residences Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 17th will be issued a $0.051 dividend. This represents a $0.61 dividend on an annualized basis and a dividend yield of 3.55%. The ex-dividend date is Friday, February 28th. Chartwell Retirement Residences’s payout ratio is -358.82%.

Chartwell Retirement Residences Company Profile

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.