Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Given Average Rating of “Moderate Buy” by Analysts

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) has earned an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is C$15.81.

Several analysts recently commented on the company. Scotiabank cut their price objective on Choice Properties Real Est Invstmnt Trst from C$16.00 to C$15.50 in a report on Thursday. Raymond James cut their price target on Choice Properties Real Est Invstmnt Trst from C$16.50 to C$16.00 in a research note on Monday, January 13th. CIBC increased their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 in a research note on Friday, November 8th. BMO Capital Markets boosted their target price on shares of Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 in a research report on Monday, October 28th. Finally, National Bankshares set a C$15.50 price target on shares of Choice Properties Real Est Invstmnt Trst and gave the stock a “sector perform” rating in a research report on Friday, December 20th.

Choice Properties Real Est Invstmnt Trst Trading Up 0.6 %

TSE:CHP.UN opened at C$12.97 on Friday. The company has a market cap of C$4.25 billion, a PE ratio of 14.57 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. The company has a 50 day simple moving average of C$13.43 and a two-hundred day simple moving average of C$14.01. Choice Properties Real Est Invstmnt Trst has a 12 month low of C$12.42 and a 12 month high of C$15.33.

About Choice Properties Real Est Invstmnt Trst

Choice Properties Real Estate Investment Trust invests in, manages, and develops retail and commercial properties across Canada. The company’s portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick.