Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) PT Lowered to C$15.00

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) had its price objective decreased by analysts at TD Securities from C$16.00 to C$15.00 in a research note issued on Wednesday, BayStreet.CA reports. TD Securities’ price objective points to a potential upside of 15.56% from the stock’s previous close.

Separately, Desjardins boosted their price objective on Choice Properties Real Est Invstmnt Trst from C$14.50 to C$15.50 and gave the company a “buy” rating in a research report on Friday, February 16th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Choice Properties Real Est Invstmnt Trst has an average rating of “Moderate Buy” and an average target price of C$14.88.

Choice Properties Real Est Invstmnt Trst Stock Performance

Choice Properties Real Est Invstmnt Trst stock traded down C$0.10 during midday trading on Wednesday, reaching C$12.98. The stock had a trading volume of 202,199 shares, compared to its average volume of 413,036. The company has a quick ratio of 0.13, a current ratio of 0.43 and a debt-to-equity ratio of 279.73. The firm has a market capitalization of C$4.26 billion, a PE ratio of 11.90 and a beta of 0.64. Choice Properties Real Est Invstmnt Trst has a 12 month low of C$11.79 and a 12 month high of C$14.99. The firm’s 50-day moving average price is C$13.49 and its 200 day moving average price is C$13.44.

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.