Chartwell Retirement Residences (TSE:CSH.UN) Given a C$15.50 Price Target by Desjardins Analysts

Chartwell Retirement Residences (TSE:CSH.UN) has been given a C$15.50 price target by research analysts at Desjardins in a research note issued on Friday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Desjardins’ price target suggests a potential upside of 20.62% from the company’s previous close.

Several other brokerages also recently commented on CSH.UN. Royal Bank of Canada upped their price objective on shares of Chartwell Retirement Residences from C$14.00 to C$15.00 and gave the company an “outperform” rating in a research note on Thursday, May 16th. Scotiabank upped their price objective on shares of Chartwell Retirement Residences from C$14.00 to C$15.00 and gave the company an “outperform” rating in a research note on Friday. TD Securities set a C$16.00 price objective on shares of Chartwell Retirement Residences and gave the company a “buy” rating in a research note on Friday. Finally, CIBC upped their price objective on shares of Chartwell Retirement Residences from C$14.00 to C$15.00 in a research note on Monday, March 11th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of C$14.75.

Chartwell Retirement Residences Stock Performance

Shares of TSE:CSH.UN opened at C$12.85 on Friday. The company has a market cap of C$3.11 billion, a price-to-earnings ratio of -61.19 and a beta of 1.12. The company has a 50-day moving average price of C$12.62 and a 200-day moving average price of C$12.24. The company has a current ratio of 0.44, a quick ratio of 0.07 and a debt-to-equity ratio of 275.11. Chartwell Retirement Residences has a 12 month low of C$9.06 and a 12 month high of C$12.99.

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.