Choice Properties REIT (TSE:CHP) Cut to Hold at Desjardins

Desjardins cut shares of Choice Properties REIT (TSE:CHP) from a moderate buy rating to a hold rating in a report published on Sunday morning,Zacks.com reports. Desjardins also issued estimates for Choice Properties REIT’s FY2027 earnings at $1.13 EPS.

A number of other brokerages also recently issued reports on CHP. National Bank Financial upgraded shares of Choice Properties REIT from a “hold” rating to a “strong-buy” rating in a research note on Sunday, April 13th. Raymond James Financial downgraded shares of Choice Properties REIT from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, April 23rd.

Choice Properties REIT Stock Performance

Choice Properties REIT has a 1-year low of C$11.59 and a 1-year high of C$14.26.

Choice Properties REIT Company Profile

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.