Chartwell Retirement Residences (TSE:CSH.UN) Given Average Recommendation of “Buy” by Analysts
Chartwell Retirement Residences (TSE:CSH.UN) has received a consensus rating of “Buy” from the six brokerages that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is C$16.46.
A number of equities research analysts have recently commented on CSH.UN shares. CIBC raised their target price on Chartwell Retirement Residences from C$15.75 to C$16.00 in a research report on Monday, August 12th. TD Securities dropped their target price on Chartwell Retirement Residences from C$17.50 to C$17.00 and set a “buy” rating on the stock in a research report on Monday, August 12th.
Shares of TSE:CSH.UN traded up C$0.13 during trading on Friday, reaching C$14.90. 377,031 shares of the company’s stock traded hands, compared to its average volume of 254,021. Chartwell Retirement Residences has a fifty-two week low of C$13.42 and a fifty-two week high of C$15.79. The company has a quick ratio of 0.10, a current ratio of 0.19 and a debt-to-equity ratio of 255.96. The firm has a market cap of $3.16 billion and a PE ratio of 338.64. The company has a 50-day simple moving average of C$14.90 and a 200-day simple moving average of C$14.98.
Chartwell is an unincorporated, open-ended trust which indirectly owns and operates a complete range of seniors housing communities, from independent supportive living through assisted living to long term care. It is the largest operator in the Canadian seniors living sector with over 200 quality retirement communities in four provinces.
Recommended Story: What are the Benefits of Index Funds?
Receive News & Ratings for Chartwell Retirement Residences Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chartwell Retirement Residences and related companies with MarketBeat.com's FREE daily email newsletter.