Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Given New C$15.00 Price Target at TD Securities

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) had its price target lowered by TD Securities from C$16.00 to C$15.00 in a research note issued to investors on Wednesday, BayStreet.CA reports.

Separately, Desjardins raised their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$14.50 to C$15.50 and gave the company a buy rating in a report on Friday, February 16th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of Moderate Buy and an average price target of C$14.81.

Choice Properties Real Est Invstmnt Trst Price Performance

Choice Properties Real Est Invstmnt Trst stock opened at C$13.09 on Wednesday. The firm has a market cap of C$4.29 billion, a PE ratio of 12.01 and a beta of 0.64. Choice Properties Real Est Invstmnt Trst has a 52-week low of C$11.79 and a 52-week high of C$14.78. 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 company’s 50 day moving average is C$13.46 and its two-hundred day moving average is C$13.44.

Choice Properties Real Est Invstmnt Trst Company Profile

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.