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

National Bankshares set a C$15.50 price objective on Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) in a research report sent to investors on Friday morning,BayStreet.CA reports. The firm currently has a sector perform rating on the real estate investment trust’s stock.

A number of other brokerages also recently commented on CHP.UN. TD Securities lifted their target price on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.00 and gave the company a “buy” rating in a research note on Wednesday, September 4th. BMO Capital Markets boosted their price target 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. CIBC increased their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$15.00 to C$15.50 in a report on Friday, November 8th. Raymond James boosted their target price on Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.50 in a report on Friday, September 6th. Finally, Canaccord Genuity Group increased their price target on Choice Properties Real Est Invstmnt Trst from C$15.00 to C$16.50 and gave the company a “buy” rating in a research note on Monday, September 16th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$15.88.

Choice Properties Real Est Invstmnt Trst Trading Up 1.4 %

TSE:CHP.UN opened at C$13.35 on Friday. The stock has a market cap of C$4.38 billion, a price-to-earnings ratio of 15.00 and a beta of 0.67. The company has a debt-to-equity ratio of 249.71, a quick ratio of 0.13 and a current ratio of 0.70. The business’s 50-day simple moving average is C$14.05 and its 200 day simple moving average is C$13.95. Choice Properties Real Est Invstmnt Trst has a one year low of C$12.42 and a one year 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.