Chartwell Retirement Residences (TSE:CSH.UN) has earned an average rating of “Buy” from the six ratings firms that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$16.50.

Several equities analysts have recently weighed in on CSH.UN shares. BMO Capital Markets set a C$16.00 price target on Chartwell Retirement Residences and gave the company an “outperform” rating in a research report on Thursday, May 23rd. TD Securities reduced their price target on Chartwell Retirement Residences from C$18.00 to C$17.50 and set a “buy” rating for the company in a research report on Monday, May 13th. CIBC reduced their price target on Chartwell Retirement Residences from C$16.00 to C$15.75 and set a “sector perform” rating for the company in a research report on Monday, May 13th. National Bank Financial reduced their price target on Chartwell Retirement Residences from C$16.50 to C$16.00 and set a “sector perform” rating for the company in a research report on Monday, May 13th. Finally, Canaccord Genuity reduced their price target on Chartwell Retirement Residences from C$17.50 to C$17.25 and set a “buy” rating for the company in a research report on Tuesday, March 5th.

TSE:CSH.UN traded up C$0.09 during trading hours on Friday, reaching C$15.22. The stock had a trading volume of 61,789 shares, compared to its average volume of 254,021. The company has a debt-to-equity ratio of 221.52, a current ratio of 0.17 and a quick ratio of 0.12. Chartwell Retirement Residences has a 12-month low of C$14.43 and a 12-month high of C$16.50. The company has a market capitalization of $3.23 billion and a P/E ratio of 98.83.

The business also recently declared a monthly dividend, which was paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 15th were given a $0.05 dividend. The ex-dividend date was Monday, April 29th. This is a boost from Chartwell Retirement Residences’s previous monthly dividend of $0.05. This represents a $0.60 annualized dividend and a dividend yield of 3.94%. Chartwell Retirement Residences’s payout ratio is 383.12%.

About Chartwell Retirement Residences

Chartwell is an unincorporated, open-ended trust which indirectly owns and operates a complete range of seniors housing communities, from independent supportive living through assisted living to long term care. It is the largest operator in the Canadian seniors living sector with over 200 quality retirement communities in four provinces.

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Analyst Recommendations for Chartwell Retirement Residences (TSE:CSH.UN)

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