Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN – Get Free Report) had its price objective reduced by investment analysts at Desjardins from C$15.50 to C$15.00 in a research note issued to investors on Friday, BayStreet.CA reports. The firm presently has a “buy” rating on the real estate investment trust’s stock. Desjardins’ price objective points to a potential upside of 15.38% from the stock’s previous close.
CHP.UN has been the topic of several other research reports. Canaccord Genuity Group raised Choice Properties Real Est Invstmnt Trst from a “hold” rating to a “buy” rating and set a C$14.50 target price on the stock in a research report on Friday. TD Securities lowered their price objective on Choice Properties Real Est Invstmnt Trst from C$16.00 to C$15.00 in a research report on Wednesday. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$14.81.
Read Our Latest Stock Report on CHP.UN
Choice Properties Real Est Invstmnt Trst Trading Down 0.5 %
Choice Properties Real Est Invstmnt Trst Company Profile
Choice Properties, Canada's preeminent diversified real estate investment trust, is the owner, manager and developer of a high quality portfolio comprising 756 properties totaling 67.7 million square feet of gross leasable area. The portfolio is comprised of retail properties, predominantly leased to necessity-based tenants, industrial, office and residential assets concentrated in attractive markets and offers an unmatched development pipeline.
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