Chartwell Retirement Residences (TSE:CSH.UN) Price Target Raised to C$20.00

Chartwell Retirement Residences (TSE:CSH.UN) had its target price raised by analysts at TD Securities from C$19.00 to C$20.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ target price would suggest a potential upside of 14.55% from the stock’s previous close.

Several other research analysts have also commented on CSH.UN. CIBC lifted their price target on shares of Chartwell Retirement Residences from C$19.00 to C$20.00 in a report on Monday. BMO Capital Markets lifted their target price on Chartwell Retirement Residences from C$18.00 to C$19.00 in a research note on Monday. Seven analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$17.64.

Chartwell Retirement Residences Stock Performance

Chartwell Retirement Residences stock opened at C$17.46 on Monday. The company has a debt-to-equity ratio of 192.20, a current ratio of 0.43 and a quick ratio of 0.07. Chartwell Retirement Residences has a 12 month low of C$11.91 and a 12 month high of C$17.69. The company has a fifty day moving average price of C$15.87 and a two-hundred day moving average price of C$15.53. The company has a market cap of C$4.74 billion, a PE ratio of -102.71 and a beta of 1.12.

About Chartwell Retirement Residences

Chartwell Retirement Residences is an unincorporated open-ended trust. The company is engaged in the ownership, operation, and management of retirement and long-term care communities in Canada. It operates its retirement and long-term care facilities separately. The Retirement Operations segment consists of communities that the company owns and operates in Canada.