Chartwell Retirement Residences (TSE:CSH.UN) Stock Price Expected to Rise, TD Securities Analyst Says

Chartwell Retirement Residences (TSE:CSH.UN) had its price target increased by TD Securities from C$18.00 to C$19.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price target indicates a potential upside of 17.72% from the stock’s previous close.

CSH.UN has been the subject of several other research reports. Royal Bank of Canada boosted their price objective on Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the company an “outperform” rating in a report on Monday, August 12th. Desjardins boosted their price target on Chartwell Retirement Residences from C$15.50 to C$16.00 and gave the company a “buy” rating in a report on Monday, August 12th. CIBC raised their price objective on shares of Chartwell Retirement Residences from C$15.00 to C$16.50 and gave the stock an “outperform” rating in a research note on Monday, August 12th. Scotiabank boosted their target price on shares of Chartwell Retirement Residences from C$15.50 to C$16.50 and gave the company an “outperform” rating in a research note on Wednesday, September 11th. Finally, National Bankshares increased their price target on shares of Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a report on Tuesday, August 13th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Chartwell Retirement Residences presently has an average rating of “Buy” and an average target price of C$17.08.

Chartwell Retirement Residences Trading Up 0.4 %

TSE CSH.UN opened at C$16.14 on Monday. Chartwell Retirement Residences has a 1 year low of C$10.64 and a 1 year high of C$16.23. The company has a debt-to-equity ratio of 192.20, a current ratio of 0.43 and a quick ratio of 0.07. The company has a market capitalization of C$4.38 billion, a PE ratio of -94.94 and a beta of 1.12. The company has a fifty day moving average of C$15.50 and a 200 day moving average of C$14.03.

Insider Activity at Chartwell Retirement Residences

In related news, Director Vlad Volodarski sold 31,872 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of C$15.77, for a total transaction of C$502,627.81. 0.55% of the stock is owned by corporate insiders.

Chartwell Retirement Residences Company Profile

Chartwell is in the business of serving and caring for Canada’s seniors, committed to its vision of Making People’s Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.