Chartwell Retirement Residences (TSE:CSH.UN) Price Target Raised to C$19.00

Chartwell Retirement Residences (TSE:CSH.UN) had its target price raised by investment analysts at TD Securities from C$18.00 to C$19.00 in a research note issued to investors on Monday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price target suggests a potential upside of 18.60% from the stock’s previous close.

Other equities analysts have also recently issued reports about the company. Royal Bank of Canada increased their target price on Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a report on Monday, August 12th. CIBC increased their target price on Chartwell Retirement Residences from C$15.00 to C$16.50 and gave the stock an “outperform” rating in a report on Monday, August 12th. National Bankshares increased their target price on Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a report on Tuesday, August 13th. Desjardins increased their target price on Chartwell Retirement Residences from C$15.50 to C$16.00 and gave the stock a “buy” rating in a report on Monday, August 12th. Finally, Scotiabank raised their price objective on Chartwell Retirement Residences from C$15.50 to C$16.50 and gave the company an “outperform” rating in a research note on Wednesday, September 11th. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of C$17.08.

Chartwell Retirement Residences Trading Up 0.4 %

Shares of Chartwell Retirement Residences stock traded up C$0.06 on Monday, reaching C$16.02. 96,500 shares of the company’s stock were exchanged, compared to its average volume of 398,052. The company has a market capitalization of C$4.35 billion, a P/E ratio of -94.24 and a beta of 1.12. Chartwell Retirement Residences has a 52 week low of C$10.64 and a 52 week high of C$16.16. The firm’s 50-day moving average is C$15.47 and its two-hundred day moving average is C$14.01. The company has a debt-to-equity ratio of 192.20, a quick ratio of 0.07 and a current ratio of 0.43.

Insider Transactions at Chartwell Retirement Residences

In other news, Director Vlad Volodarski sold 31,872 shares of Chartwell Retirement Residences stock in a transaction on Monday, September 16th. The stock was sold at an average price of C$15.77, for a total transaction of C$502,627.81. Company insiders own 0.55% of the company’s stock.

Chartwell Retirement Residences Company Profile

Chartwell is in the business of serving and caring for Canada’s seniors, committed to its vision of Making People’s Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.