Scotiabank Downgrades Chemtrade Logistics Income Fund (TSE:CHE) to Hold

Chemtrade Logistics Income Fund (TSE:CHE) was downgraded by research analysts at Scotiabank from a “strong-buy” rating to a “hold” rating in a research note issued on Thursday,Zacks.com reports.

Other research analysts also recently issued research reports about the company. Raymond James Financial upgraded Chemtrade Logistics Income Fund from a “moderate buy” rating to a “strong-buy” rating in a report on Thursday. Cibc World Mkts upgraded shares of Chemtrade Logistics Income Fund from a “hold” rating to a “strong-buy” rating in a report on Monday, August 18th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Chemtrade Logistics Income Fund Price Performance

Chemtrade Logistics Income Fund Company Profile

Chemed Corporation provides hospice and palliative care services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers primarily in the United States. The company operates in two segments, VITAS and Roto-Rooter. It offers plumbing, drain cleaning, excavation, water restoration, and other related services to residential and commercial customers through company-owned branches, independent contractors, and franchisees.