Chemtrade Logistics Income Fund (CHE.UN) Earns “Sector Perform” Rating from Royal Bank Of Canada
Royal Bank Of Canada reaffirmed their sector perform rating on shares of Chemtrade Logistics Income Fund (TSE:CHE.UN) in a research report report published on Thursday, StockTargetPrices.com reports. The brokerage currently has a C$19.00 price objective on the stock.
Several other brokerages also recently issued reports on CHE.UN. Scotiabank reiterated an outperform rating and set a C$19.50 price target on shares of Chemtrade Logistics Income Fund in a report on Tuesday, September 6th. TD Securities reiterated a hold rating and set a C$19.00 price target on shares of Chemtrade Logistics Income Fund in a report on Thursday, September 8th. CIBC lowered their price target on shares of Chemtrade Logistics Income Fund from C$19.50 to C$19.00 in a report on Monday, August 15th. Finally, Raymond James Financial Inc. cut shares of Chemtrade Logistics Income Fund from an outperform rating to a market perform rating and reduced their price objective for the stock from C$20.00 to C$19.00 in a research note on Monday, August 15th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Chemtrade Logistics Income Fund has a consensus rating of Hold and a consensus target price of C$19.21.
Chemtrade Logistics Income Fund Company Profile
Chemtrade Logistics Income Fund (Chemtrade) provides industrial chemicals and services. Chemtrade operates in four business segments: Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), International (Intl) and Corporate (Corp). Its SPPC segment markets, removes and produces merchant, regenerated sulfuric acid, liquid sulfur dioxide, sodium hydrosulfite, elemental sulfur, hydrogen sulfide, and sodium bisulfite and other processing services.
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