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.

The business also recently declared a monthly dividend, which will be paid on Wednesday, July 31st. Investors of record on Wednesday, July 31st will be issued a $0.10 dividend. The ex-dividend date of this dividend is Thursday, June 27th. This represents a $1.20 annualized dividend and a yield of 12.00%. Chemtrade Logistics Income Fund’s dividend payout ratio is presently -66.23%.

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.

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Analyst Recommendations for Chemtrade Logistics Income Fund (TSE:CHE.UN)

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