Shares of Chemtrade Logistics Income Fund (TSE:CHE.UN) have been given an average rating of “Buy” by the seven brokerages that are presently covering the company. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$19.21.

A number of analysts have issued reports on the stock. Raymond James Financial Inc. boosted their price objective on shares of Chemtrade Logistics Income Fund from C$19.00 to C$20.00 and gave the company an “outperform” rating in a report on Thursday. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a C$19.00 price target on shares of Chemtrade Logistics Income Fund in a report on Thursday. TD Securities reaffirmed a “hold” rating and set a C$19.00 price target on shares of Chemtrade Logistics Income Fund in a report on Thursday, September 8th. Scotiabank reaffirmed an “outperform” rating and set a C$19.50 price target on shares of Chemtrade Logistics Income Fund in a report on Tuesday, September 6th. Finally, CIBC cut their price target on shares of Chemtrade Logistics Income Fund from C$19.50 to C$19.00 in a report on Monday, August 15th.

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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