Shares of Chartwell Retirement Residences (TSE:CSH.UN) have earned a consensus recommendation of “Buy” from the six brokerages that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is C$17.04.

Several brokerages recently issued reports on CSH.UN. Scotiabank upped their price target on shares of Chartwell Retirement Residences from C$16.00 to C$16.50 and gave the stock a “sector perform” rating in a research report on Monday. BMO Capital Markets reiterated an “outperform” rating and set a C$17.50 price target on shares of Chartwell Retirement Residences in a research report on Monday. National Bank Financial reiterated an “outperform” rating and set a C$17.75 price target on shares of Chartwell Retirement Residences in a research report on Monday. TD Securities upped their target price on shares of Chartwell Retirement Residences from C$17.50 to C$18.00 in a research report on Monday, November 13th. Finally, Canaccord Genuity restated a “hold” rating and set a C$16.00 target price on shares of Chartwell Retirement Residences in a research report on Sunday, November 12th.

Shares of Chartwell Retirement Residences (CSH.UN) traded up C$0.22 during midday trading on Monday, reaching C$15.57. 493,593 shares of the company traded hands, compared to its average volume of 247,689. Chartwell Retirement Residences has a 1-year low of C$13.76 and a 1-year high of C$16.50.

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About Chartwell Retirement Residences

Chartwell Retirement Residences is an unincorporated, open-ended trust. The Company indirectly owns, manages and operates a range of seniors housing communities from independent living through assisted living to long term care. Its segments include Canadian Retirement Operations and Canadian Long Term Care Operations.

Analyst Recommendations for Chartwell Retirement Residences (TSE:CSH.UN)

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