Chemtrade Logistics Income Fund (TSE:CHE.UN – Get Rating) had its price target hoisted by analysts at BMO Capital Markets from C$7.50 to C$8.00 in a report released on Thursday, BayStreet.CA reports. BMO Capital Markets’ price objective indicates a potential upside of 3.23% from the stock’s current price.
CHE.UN has been the topic of a number of other reports. Raymond James increased their price target on Chemtrade Logistics Income Fund from C$11.00 to C$12.00 and gave the stock an “outperform” rating in a report on Thursday, February 24th. National Bankshares cut their target price on shares of Chemtrade Logistics Income Fund from C$10.00 to C$8.75 and set an “outperform” rating on the stock in a research note on Friday, January 28th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, Chemtrade Logistics Income Fund presently has a consensus rating of “Buy” and an average price target of C$9.63.
Shares of Chemtrade Logistics Income Fund stock traded down C$0.04 on Thursday, hitting C$7.75. 140,174 shares of the company’s stock traded hands, compared to its average volume of 331,141. The company has a fifty day moving average of C$7.84 and a two-hundred day moving average of C$7.63. Chemtrade Logistics Income Fund has a one year low of C$6.01 and a one year high of C$8.40. The company has a market capitalization of C$810.89 million and a price-to-earnings ratio of -3.33. The company has a debt-to-equity ratio of 316.28, a current ratio of 0.53 and a quick ratio of 0.26.
Chemtrade Logistics Income Fund provides industrial chemicals and services in Canada, the United States, and South America. It operates through Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), and Electrochemicals (EC) segments. The SPPC segment removes and/or produces merchant, regenerated, and ultra pure sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides.
- Dutch Bros Gets Scalded By Inflation
- The S&P 500 Could Fall Another 28%
- Corning Stock is a Technology Value Play
- Wolverine Worldwide Is Ready To Rebound
- Anheuser-Busch InBev May Need One More Quarter to Confirm a Buy Signal
Receive News & Ratings for Chemtrade Logistics Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chemtrade Logistics Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.