Chartwell Retirement Residences (TSE:CSH.UN) Receives Average Recommendation of “Buy” from Brokerages

Chartwell Retirement Residences (TSE:CSH.UN) has earned an average recommendation of “Buy” from the eight brokerages that are presently covering the stock, MarketBeat.com reports. Eight investment analysts have rated the stock with a buy recommendation. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is C$18.38.

A number of equities analysts have issued reports on CSH.UN shares. BMO Capital Markets lifted their price target on Chartwell Retirement Residences from C$19.00 to C$21.00 in a research note on Monday, May 12th. Canaccord Genuity Group set a C$20.50 price target on Chartwell Retirement Residences and gave the company a “buy” rating in a research note on Thursday, April 3rd. TD Securities lifted their price target on Chartwell Retirement Residences from C$20.00 to C$21.00 in a research note on Monday, May 12th. Finally, CIBC lifted their price target on Chartwell Retirement Residences from C$19.00 to C$20.00 in a research note on Monday, March 3rd.

Chartwell Retirement Residences Stock Performance

Shares of CSH.UN opened at C$18.06 on Friday. The company has a debt-to-equity ratio of 192.20, a current ratio of 0.43 and a quick ratio of 0.07. The stock has a 50-day moving average of C$17.42 and a 200-day moving average of C$16.54. The company has a market cap of C$4.90 billion, a PE ratio of -106.24 and a beta of 1.12. Chartwell Retirement Residences has a one year low of C$12.18 and a one year high of C$18.70.

Chartwell Retirement Residences Company Profile

Chartwell Retirement Residences is an unincorporated open-ended trust. The company is engaged in the ownership, operation, and management of retirement and long-term care communities in Canada. It operates its retirement and long-term care facilities separately. The Retirement Operations segment consists of communities that the company owns and operates in Canada.