Analysts Set Chemtrade Logistics Income Fund (TSE:CHE.UN) Target Price at C$11.86
Shares of Chemtrade Logistics Income Fund (TSE:CHE.UN) have earned a consensus rating of “Hold” from the seven research firms that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is C$11.86.
CHE.UN has been the subject of several research reports. Raymond James reiterated a “buy” rating on shares of Canadian Natural Resources in a research note on Friday, May 10th. Desjardins boosted their price objective on shares of Superior Plus from C$14.00 to C$14.50 in a research note on Friday, May 10th. Finally, National Bank Financial upped their target price on shares of TRANSAT AT from C$8.50 to C$13.00 and gave the company a “sector perform” rating in a research note on Friday, May 17th.
Chemtrade Logistics Income Fund stock traded up C$0.11 during trading on Tuesday, reaching C$10.00. The company had a trading volume of 231,612 shares, compared to its average volume of 157,642. Chemtrade Logistics Income Fund has a 12-month low of C$8.01 and a 12-month high of C$16.75. The business’s 50 day moving average price is C$9.49. The stock has a market capitalization of $925.96 million and a price-to-earnings ratio of -5.52. The company has a quick ratio of 0.65, a current ratio of 1.09 and a debt-to-equity ratio of 161.36.
About Chemtrade Logistics Income Fund
Chemtrade Logistics Income Fund provides industrial chemicals and services in Canada, the United States, and South America. It operates through Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), and Electrochemicals (EC) segments. The SPPC segment removes and/or produces merchant, regenerated, and ultra pure sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides.
Featured Story: Terms to Better Understand Call Options
Receive News & Ratings for Chemtrade Logistics Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chemtrade Logistics Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.