Chemtrade Logistics Income Fund (TSE:CHE) Cut to “Hold” at BMO Capital Markets

BMO Capital Markets downgraded shares of Chemtrade Logistics Income Fund (TSE:CHE) from a strong-buy rating to a hold rating in a research note released on Tuesday,Zacks.com reports.

Separately, Raymond James Financial lowered shares of Chemtrade Logistics Income Fund from a “strong-buy” rating to a “hold” rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Chemtrade Logistics Income Fund currently has a consensus rating of “Moderate Buy”.

Chemtrade Logistics Income Fund Price Performance

About Chemtrade Logistics Income Fund

Chemed Corporation provides hospice and palliative care services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers primarily in the United States. The company operates in two segments, VITAS and Roto-Rooter. It offers plumbing, drain cleaning, excavation, water restoration, and other related services to residential and commercial customers through company-owned branches, independent contractors, and franchisees. The company was incorporated in 1970 and is headquartered in Cincinnati, Ohio.