Chemtrade Logistics Income Fund (TSE:CHE.UN) PT Raised to C$14.00 at Desjardins

Chemtrade Logistics Income Fund (TSE:CHE.UNGet Free Report) had its price target raised by investment analysts at Desjardins from C$13.25 to C$14.00 in a research note issued to investors on Thursday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Desjardins’ price target indicates a potential upside of 25.67% from the stock’s current price.

A number of other analysts also recently weighed in on the company. BMO Capital Markets increased their price objective on Chemtrade Logistics Income Fund from C$11.00 to C$12.00 and gave the company an “outperform” rating in a report on Tuesday, September 24th. National Bankshares increased their price objective on 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. Scotiabank increased their price objective on Chemtrade Logistics Income Fund from C$10.50 to C$11.00 in a report on Monday, August 19th. Finally, CIBC upped their price target on shares of Chemtrade Logistics Income Fund from C$13.50 to C$14.00 in a research report on Friday, August 16th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$12.83.

View Our Latest Report on Chemtrade Logistics Income Fund

Chemtrade Logistics Income Fund Stock Down 0.4 %

Shares of TSE:CHE.UN opened at C$11.14 on Thursday. The company has a fifty day moving average of C$10.35 and a 200-day moving average of C$9.49. The company has a market capitalization of C$1.30 billion, a PE ratio of 10.13 and a beta of 1.50. The company has a debt-to-equity ratio of 128.02, a quick ratio of 0.48 and a current ratio of 0.40. Chemtrade Logistics Income Fund has a 52-week low of C$7.77 and a 52-week high of C$11.32.

Chemtrade Logistics Income Fund Company Profile

(Get Free Report)

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.

Featured Articles

Analyst Recommendations for Chemtrade Logistics Income Fund (TSE:CHE.UN)

Receive News & Ratings for Chemtrade Logistics Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chemtrade Logistics Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.