Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) Price Target Raised to C$13.00 at Desjardins

Chemtrade Logistics Income Fund (OTCMKTS:CGIFF – Get Rating) had its price target raised by Desjardins from C$12.50 to C$13.00 in a report released on Friday, The Fly reports.

CGIFF has been the subject of several other reports. Scotiabank lowered their target price on Chemtrade Logistics Income Fund from C$10.50 to C$10.00 in a research note on Thursday, March 9th. National Bank Financial dropped their price objective on shares of Chemtrade Logistics Income Fund to C$11.50 in a research report on Wednesday, April 26th. Raymond James raised shares of Chemtrade Logistics Income Fund from a “market perform” rating to an “outperform” rating in a research report on Friday. Royal Bank of Canada increased their price objective on shares of Chemtrade Logistics Income Fund from C$10.00 to C$11.00 in a research report on Friday, February 24th. Finally, BMO Capital Markets increased their price objective on shares of Chemtrade Logistics Income Fund from C$10.50 to C$11.00 in a research report on Tuesday, January 17th.

Chemtrade Logistics Income Fund Price Performance

OTCMKTS CGIFF opened at $5.97 on Friday. The firm has a 50 day simple moving average of $5.81 and a 200-day simple moving average of $6.47. Chemtrade Logistics Income Fund has a one year low of $4.93 and a one year high of $7.64.

Chemtrade Logistics Income Fund Company Profile

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Chemtrade Logistics Income Fund engages in the provision of portfolio of industrial chemicals and value-added services. It operates through the following segments: Sulphur and Water Chemicals, Electrochemicals, and Corporate. The Sulphur and Water Chemicals segment markets sulphuric acid, liquid sulphur dioxide, sulphur, sodium hydrosulphite, sodium bisulphate, zinc oxide and a variety of inorganic coagulants used in water treatment.