Chemtrade Logistics Income Fund (TSE:CHE.UN) has earned a consensus recommendation of “Buy” from the six analysts that are presently covering the stock. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is C$21.46.

Several analysts have recently weighed in on CHE.UN shares. Scotiabank restated an “outperform” rating and issued a C$19.50 price objective on shares of Chemtrade Logistics Income Fund in a report on Wednesday, December 14th. Royal Bank of Canada upped their price objective on Chemtrade Logistics Income Fund from C$18.00 to C$20.00 and gave the company a “sector perform” rating in a report on Monday, December 19th. TD Securities upgraded Chemtrade Logistics Income Fund from a “hold” rating to a “buy” rating and upped their price objective for the company from C$19.00 to C$23.00 in a report on Monday, December 19th. National Bank Financial restated a “sector perform” rating and issued a C$19.50 price objective on shares of Chemtrade Logistics Income Fund in a report on Monday, January 30th. Finally, Raymond James Financial, Inc. reaffirmed an “outperform” rating and set a C$23.00 target price on shares of Chemtrade Logistics Income Fund in a report on Tuesday, January 31st.

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About Chemtrade Logistics Income Fund

Chemtrade Logistics Income Fund (Chemtrade) provides industrial chemicals and services. Chemtrade operates in four business segments: Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), International (Intl) and Corporate (Corp). Its SPPC segment markets, removes and produces merchant, regenerated sulfuric acid, liquid sulfur dioxide, sodium hydrosulfite, elemental sulfur, hydrogen sulfide, and sodium bisulfite and other processing services.

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