TD Securities Analysts Give Chartwell Retirement Residences (TSE:CSH.UN) a C$16.00 Price Target

TD Securities set a C$16.00 price target on Chartwell Retirement Residences (TSE:CSH.UN) in a research report report published on Friday morning, BayStreet.CA reports. The firm currently has a buy rating on the stock.

CSH.UN has been the subject of several other reports. CIBC lifted their price target on shares of Chartwell Retirement Residences from C$14.00 to C$15.00 in a research note on Monday, March 11th. Royal Bank of Canada increased their price objective on Chartwell Retirement Residences from C$14.00 to C$15.00 and gave the stock an outperform rating in a report on Thursday, May 16th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Chartwell Retirement Residences currently has an average rating of Buy and a consensus price target of C$14.75.

Chartwell Retirement Residences Stock Up 0.4 %

CSH.UN stock opened at C$12.85 on Friday. The company has a market cap of C$3.11 billion, a price-to-earnings ratio of -61.19 and a beta of 1.12. The business has a 50 day moving average price of C$12.62 and a two-hundred day moving average price of C$12.25. Chartwell Retirement Residences has a twelve month low of C$9.06 and a twelve month high of C$12.99. The company has a quick ratio of 0.07, a current ratio of 0.44 and a debt-to-equity ratio of 275.11.

Chartwell Retirement Residences Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 15th. Investors of record on Monday, July 15th will be given a $0.051 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.61 annualized dividend and a dividend yield of 4.76%. Chartwell Retirement Residences’s dividend payout ratio is presently -290.48%.

Chartwell Retirement Residences Company Profile

Chartwell is an unincorporated, open-ended trust which indirectly owns and operates a complete range of seniors housing communities, from independent supportive living through assisted living to long term care. It is the largest operator in the Canadian seniors living sector with over 200 quality retirement communities in four provinces.