Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) had its price objective upped by analysts at Desjardins from C$13.00 to C$13.50 in a report issued on Tuesday. The firm currently has a “hold” rating on the real estate investment trust’s stock. Desjardins’ price target suggests a potential downside of 0.37% from the stock’s previous close.

Several other research analysts have also recently issued reports on the company. TD Securities raised their target price on Choice Properties Real Est Invstmnt Trst from C$13.00 to C$13.50 in a research report on Tuesday. Royal Bank of Canada raised their target price on Choice Properties Real Est Invstmnt Trst from C$13.50 to C$14.00 and gave the stock a “sector perform” rating in a research report on Tuesday. National Bank Financial reissued a “sector perform” rating and issued a C$13.50 target price on shares of Choice Properties Real Est Invstmnt Trst in a research report on Friday, February 15th. CIBC raised their target price on Choice Properties Real Est Invstmnt Trst from C$13.00 to C$14.00 and gave the stock a “hold” rating in a research report on Friday, February 15th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a C$13.00 target price on shares of Choice Properties Real Est Invstmnt Trst in a research report on Monday, February 11th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Choice Properties Real Est Invstmnt Trst presently has an average rating of “Hold” and a consensus target price of C$13.50.

Shares of TSE:CHP.UN opened at C$13.55 on Tuesday. The stock has a market capitalization of $3.77 billion and a price-to-earnings ratio of 9.32. The company has a debt-to-equity ratio of 366.27, a quick ratio of 0.19 and a current ratio of 0.40. Choice Properties Real Est Invstmnt Trst has a 52-week low of C$11.59 and a 52-week high of C$14.26.

About Choice Properties Real Est Invstmnt Trst

Choice Properties, Canada's preeminent diversified real estate investment trust, is the owner, manager and developer of a high quality portfolio comprising 751 properties totaling 66.8 million square feet of gross leasable area. The portfolio is comprised of retail properties, predominantly leased to necessity-based tenants, industrial, office and residential assets concentrated in attractive markets and offers an unmatched development pipeline.

Featured Article: Cost of Equity

Analyst Recommendations for Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN)

Receive News & Ratings for Choice Properties Real Est Invstmnt Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Choice Properties Real Est Invstmnt Trst and related companies with MarketBeat.com's FREE daily email newsletter.