Chartwell Retirement Residences (TSE:CSH.UN) Given a C$15.00 Price Target by National Bankshares Analysts

Chartwell Retirement Residences (TSE:CSH.UN) received a C$15.00 price target from National Bankshares in a report issued on Tuesday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ target price indicates a potential upside of 13.04% from the company’s current price.

Other equities analysts also recently issued reports about the company. Scotiabank upped their price target on Chartwell Retirement Residences from C$14.00 to C$15.00 and gave the company an “outperform” rating in a report on Friday, June 28th. Royal Bank of Canada upped their price objective on shares of Chartwell Retirement Residences from C$14.00 to C$15.00 and gave the company an “outperform” rating in a research note on Thursday, May 16th. Desjardins set a C$15.50 target price on Chartwell Retirement Residences and gave the stock a “buy” rating in a research report on Friday, June 28th. Finally, TD Securities set a C$16.00 target price on Chartwell Retirement Residences and gave the company a “buy” rating in a report on Friday, June 28th. Six research analysts have rated the stock with a buy rating, According to MarketBeat, Chartwell Retirement Residences has a consensus rating of “Buy” and an average target price of C$15.25.

Chartwell Retirement Residences Stock Up 0.2 %

TSE CSH.UN traded up C$0.03 during trading hours on Tuesday, hitting C$13.27. 92,060 shares of the company were exchanged, compared to its average volume of 418,913. The company has a quick ratio of 0.07, a current ratio of 0.44 and a debt-to-equity ratio of 275.11. The firm has a market cap of C$3.21 billion, a price-to-earnings ratio of -63.10 and a beta of 1.12. The company has a 50 day moving average of C$12.77 and a two-hundred day moving average of C$12.42. Chartwell Retirement Residences has a 52-week low of C$9.59 and a 52-week high of C$13.30.

About Chartwell Retirement Residences

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.