Shares of Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$13.99 and traded as low as C$13.72. Choice Properties Real Est Invstmnt Trst shares last traded at C$13.72, with a volume of 640,359 shares.
A number of brokerages have recently issued reports on CHP.UN. National Bankshares set a C$15.50 price target on Choice Properties Real Est Invstmnt Trst and gave the company a "sector perform" rating in a report on Friday, December 20th. Raymond James dropped their price target on shares of Choice Properties Real Est Invstmnt Trst from C$16.50 to C$16.00 in a report on Monday, January 13th. Finally, Scotiabank decreased their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$16.00 to C$15.50 in a report on Thursday, January 30th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Choice Properties Real Est Invstmnt Trst presently has a consensus rating of "Moderate Buy" and a consensus price target of C$15.81.
Get Our Latest Stock Report on CHP.UN
The company has a quick ratio of 0.13, a current ratio of 0.70 and a debt-to-equity ratio of 249.71. The stock has a market cap of C$4.54 billion, a P/E ratio of 15.55 and a beta of 0.67. The firm has a 50 day moving average price of C$13.41 and a 200 day moving average price of C$13.99.
Choice Properties Real Estate Investment Trust invests in, manages, and develops retail and commercial properties across Canada. The company's portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick.
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