Raymond James Downgrades Choice Properties REIT (TSE:CHP) to Hold

Choice Properties REIT (TSE:CHPGet Free Report) was downgraded by equities research analysts at Raymond James from a “moderate buy” rating to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.

Separately, National Bank Financial raised shares of Choice Properties REIT from a “hold” rating to a “strong-buy” rating in a research note on Sunday, April 13th.

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Choice Properties REIT Price Performance

Choice Properties REIT has a 12-month low of C$11.59 and a 12-month high of C$14.26.

Choice Properties REIT Company Profile

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Choice Properties Real Estate Investment Trust (the Trust) is an unincorporated, open-ended real estate investment trust. The Trust is the owner, manager and developer of retail and other commercial properties across Canada. Its portfolio comprises over 530 properties with a total gross leasable area (GLA) of approximately 44 million square feet.

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