Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Price Target Lowered to C$15.00 at TD Securities

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) had its target price lowered by TD Securities from C$16.00 to C$15.00 in a report published on Wednesday morning, BayStreet.CA reports.

Separately, Desjardins upped their price objective on Choice Properties Real Est Invstmnt Trst from C$14.50 to C$15.50 and gave the stock a buy rating in a research note on Friday, February 16th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Choice Properties Real Est Invstmnt Trst currently has an average rating of Moderate Buy and an average target price of C$14.88.

Choice Properties Real Est Invstmnt Trst Price Performance

TSE CHP.UN opened at C$12.95 on Wednesday. The business’s fifty day moving average price is C$13.49 and its 200-day moving average price is C$13.44. The stock has a market capitalization of C$4.25 billion, a price-to-earnings ratio of 11.88 and a beta of 0.64. The company has a debt-to-equity ratio of 279.73, a current ratio of 0.43 and a quick ratio of 0.13. Choice Properties Real Est Invstmnt Trst has a 1-year low of C$11.79 and a 1-year high of C$14.99.

About Choice Properties Real Est Invstmnt Trst

Choice Properties, Canada's preeminent diversified real estate investment trust, is the owner, manager and developer of a high quality portfolio comprising 756 properties totaling 67.7 million square feet of gross leasable area. The portfolio is comprised of retail properties, predominantly leased to necessity-based tenants, industrial, office and residential assets concentrated in attractive markets and offers an unmatched development pipeline.