Chartwell Retirement Residences (TSE:CSH.UN) Price Target Raised to C$20.00

Chartwell Retirement Residences (TSE:CSH.UN) had its target price raised by CIBC from C$19.00 to C$20.00 in a report issued on Monday morning,BayStreet.CA reports.

CSH.UN has been the subject of a number of other reports. BMO Capital Markets set a C$18.00 price objective on Chartwell Retirement Residences and gave the company an “outperform” rating in a research note on Thursday, January 30th. TD Securities boosted their target price on shares of Chartwell Retirement Residences from C$18.00 to C$19.00 and gave the stock a “buy” rating in a report on Monday, November 18th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Chartwell Retirement Residences presently has a consensus rating of “Buy” and a consensus target price of C$17.64.

Chartwell Retirement Residences Price Performance

TSE CSH.UN opened at C$17.33 on Monday. The stock has a market capitalization of C$4.70 billion, a price-to-earnings ratio of -101.94 and a beta of 1.12. Chartwell Retirement Residences has a 1-year low of C$11.91 and a 1-year high of C$17.69. The company has a debt-to-equity ratio of 192.20, a current ratio of 0.43 and a quick ratio of 0.07. The business’s fifty day moving average price is C$15.91 and its 200-day moving average price is C$15.55.

Chartwell Retirement Residences Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 17th will be issued a dividend of $0.051 per share. This represents a $0.61 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date of this dividend is Friday, February 28th. Chartwell Retirement Residences’s payout ratio is currently -358.82%.

Chartwell Retirement Residences Company Profile

Chartwell Retirement Residences is an unincorporated open-ended trust. The company is engaged in the ownership, operation, and management of retirement and long-term care communities in Canada. It operates its retirement and long-term care facilities separately. The Retirement Operations segment consists of communities that the company owns and operates in Canada.