Desjardins upgraded shares of Chemtrade Logistics Income Fund (TSE:CHE.UN) from a hold rating to a buy rating in a research report report published on Tuesday. The firm currently has C$18.00 price target on the stock, up from their previous price target of C$17.00.

Several other research analysts have also issued reports on the company. BMO Capital Markets reiterated a market perform rating and issued a C$15.00 price target on shares of Chemtrade Logistics Income Fund in a report on Tuesday, July 31st. Raymond James cut their price target on Chemtrade Logistics Income Fund from C$20.00 to C$19.50 and set an outperform rating on the stock in a report on Wednesday, August 8th. Royal Bank of Canada cut their price target on Chemtrade Logistics Income Fund from C$19.00 to C$18.00 and set a sector perform rating on the stock in a report on Friday, August 10th. TD Securities cut their price target on Chemtrade Logistics Income Fund from C$22.00 to C$18.00 and set a buy rating on the stock in a report on Friday, August 10th. Finally, Scotiabank dropped their target price on Chemtrade Logistics Income Fund from C$20.75 to C$20.00 and set an outperform rating on the stock in a report on Wednesday, May 9th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus price target of C$18.84.

Shares of Chemtrade Logistics Income Fund stock opened at C$16.45 on Tuesday. Chemtrade Logistics Income Fund has a one year low of C$15.86 and a one year high of C$20.02.

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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Analyst Recommendations for Chemtrade Logistics Income Fund (TSE:CHE.UN)

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