Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Given New C$15.50 Price Target at Desjardins

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) had its price target upped by Desjardins from C$15.00 to C$15.50 in a research note released on Monday, BayStreet.CA reports.

CHP.UN has been the subject of a number of other reports. TD Securities decreased their price target on shares of Choice Properties Real Est Invstmnt Trst from C$16.00 to C$15.00 in a research note on Wednesday, April 24th. Raymond James set a C$15.00 target price on shares of Choice Properties Real Est Invstmnt Trst and gave the company an outperform rating in a research note on Friday, June 14th. Finally, Canaccord Genuity Group raised shares of Choice Properties Real Est Invstmnt Trst from a hold rating to a buy rating and set a C$14.50 target price for the company in a research note on Friday, April 26th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of Moderate Buy and a consensus target price of C$15.19.

Choice Properties Real Est Invstmnt Trst Price Performance

CHP.UN stock opened at C$14.28 on Monday. Choice Properties Real Est Invstmnt Trst has a 1 year low of C$11.79 and a 1 year high of C$14.51. The company has a market cap of C$4.68 billion, a P/E ratio of 15.52 and a beta of 0.65. The firm has a 50-day moving average of C$13.02 and a 200 day moving average of C$13.39. The company has a debt-to-equity ratio of 268.38, a current ratio of 0.16 and a quick ratio of 0.13.

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.