Chemtrade Logistics Income Fund (CHE.UN) Rating Reiterated by TD Securities
Chemtrade Logistics Income Fund (TSE:CHE.UN)‘s stock had its “hold” rating reaffirmed by research analysts at TD Securities in a report released on Friday. They currently have a C$19.00 price objective on the stock.
Other equities research analysts have also recently issued research reports about the stock. Raymond James Financial Inc. cut shares of Chemtrade Logistics Income Fund from an “outperform” rating to a “market perform” rating and dropped their price target for the company from C$20.00 to C$19.00 in a research report on Monday, August 15th. CIBC dropped their price target on shares of Chemtrade Logistics Income Fund from C$19.50 to C$19.00 in a research report on Monday, August 15th. Scotiabank reissued an “outperform” rating and set a C$19.50 price target on shares of Chemtrade Logistics Income Fund in a research report on Tuesday, October 4th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a C$19.00 price target on shares of Chemtrade Logistics Income Fund in a research report on Thursday, September 15th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Chemtrade Logistics Income Fund presently has an average rating of “Hold” and an average target price of C$19.21.
About Chemtrade Logistics Income Fund
Chemtrade Logistics Income Fund (Chemtrade) provides industrial chemicals and services. Chemtrade operates in four business segments: Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), International (Intl) and Corporate (Corp). Its SPPC segment markets, removes and produces merchant, regenerated sulfuric acid, liquid sulfur dioxide, sodium hydrosulfite, elemental sulfur, hydrogen sulfide, and sodium bisulfite and other processing services.
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