Chemtrade Logistics Income Fund (TSE:CHE.UN) Price Target Raised to C$15.00

Chemtrade Logistics Income Fund (TSE:CHE.UN) had its price target increased by CIBC from C$14.00 to C$15.00 in a research report report published on Monday morning,BayStreet.CA reports.

Other research analysts also recently issued research reports about the company. Desjardins increased their price target on Chemtrade Logistics Income Fund from C$13.25 to C$14.00 and gave the company a “buy” rating in a research note on Thursday, October 17th. BMO Capital Markets raised their target price on Chemtrade Logistics Income Fund from C$11.00 to C$12.00 and gave the stock an “outperform” rating in a report on Tuesday, September 24th. Raymond James upped their price target on Chemtrade Logistics Income Fund from C$13.00 to C$14.00 in a research note on Monday. Scotiabank increased their price target on shares of Chemtrade Logistics Income Fund from C$10.50 to C$11.00 in a research report on Monday, August 19th. Finally, National Bankshares boosted their price objective on shares of Chemtrade Logistics Income Fund from C$13.50 to C$14.00 and gave the company an “outperform” rating in a report on Friday, August 16th.

Chemtrade Logistics Income Fund Trading Down 0.1 %

CHE.UN opened at C$11.44 on Monday. Chemtrade Logistics Income Fund has a fifty-two week low of C$7.77 and a fifty-two week high of C$11.69. The company has a market cap of C$1.33 billion, a price-to-earnings ratio of 10.40 and a beta of 1.50. The company has a debt-to-equity ratio of 128.02, a current ratio of 0.40 and a quick ratio of 0.48. The firm has a 50 day simple moving average of C$10.92 and a 200 day simple moving average of C$9.88.

Chemtrade Logistics Income Fund Company Profile

Chemtrade Logistics Income Fund provides industrial chemicals and services in Canada, the United States, and South America. It operates through Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), and Electrochemicals (EC) segments. The SPPC segment removes and/or produces merchant, regenerated, and ultra pure sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides.