Desjardins set a C$15.50 price objective on Chartwell Retirement Residences (TSE:CSH.UN – Free Report) in a report released on Friday morning, BayStreet.CA reports. The firm currently has a buy rating on the stock.
Several other equities analysts have also commented on CSH.UN. CIBC raised their target price on shares of Chartwell Retirement Residences from C$14.00 to C$15.00 in a report on Monday, March 11th. Scotiabank raised their target price on shares of Chartwell Retirement Residences from C$14.00 to C$15.00 and gave the company an outperform rating in a report on Friday. Royal Bank of Canada raised their target price on shares of Chartwell Retirement Residences from C$14.00 to C$15.00 and gave the company an outperform rating in a report on Thursday, May 16th. Finally, TD Securities set a C$16.00 target price on shares of Chartwell Retirement Residences and gave the company a buy rating in a report on Friday. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Chartwell Retirement Residences currently has an average rating of Buy and an average price target of C$14.75.
View Our Latest Research Report on CSH.UN
Chartwell Retirement Residences Price Performance
Chartwell Retirement Residences Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Monday, July 15th. Investors of record on Monday, July 15th will be issued a dividend of $0.051 per share. This represents a $0.61 annualized dividend and a dividend yield of 4.76%. The ex-dividend date is Friday, June 28th. Chartwell Retirement Residences’s dividend payout ratio (DPR) is presently -290.48%.
Chartwell Retirement Residences Company Profile
Chartwell is an unincorporated, open-ended trust which indirectly owns and operates a complete range of seniors housing communities, from independent supportive living through assisted living to long term care. It is the largest operator in the Canadian seniors living sector with over 200 quality retirement communities in four provinces.
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