Shares of Chemtrade Logistics Income Fund (TSE:CHE.UN – Get Free Report) have received a consensus rating of “Hold” from the six analysts that are covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$18.14.
Several analysts recently commented on the stock. BMO Capital Markets downgraded shares of Chemtrade Logistics Income Fund from an “outperform” rating to a “market perform” rating and set a C$18.50 target price for the company. in a report on Wednesday, April 15th. Raymond James Financial cut shares of Chemtrade Logistics Income Fund from a “strong-buy” rating to a “market perform” rating and lowered their price target for the company from C$21.00 to C$15.00 in a report on Tuesday, April 14th. Finally, National Bank Financial raised their price objective on shares of Chemtrade Logistics Income Fund from C$18.00 to C$23.50 and gave the stock an “outperform” rating in a research report on Monday, April 13th.
Check Out Our Latest Report on CHE.UN
Chemtrade Logistics Income Fund Trading Up 2.0%
About Chemtrade Logistics Income Fund
Chemtrade Logistics Income Fund provides industrial chemicals and services to customers in North America and around the world. The company organized into four main operating segments: Sulphur Products and Performance Chemicals (SPPC), Water Solutions and Specialty Chemicals (WSSC), Electrochemicals, and Corporate. It generates maximum revenue from Electrochemicals segment. Chemtrade operates in Canada, the United States, and South America of which maximum revenue comes from the United States. SPPC markets, remove and produces merchant, regenerated and ultra-pure sulphuric acid, liquid sulphur dioxide, sodium hydrosulfite and provides other processing services.
Further Reading
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