Shares of Chemtrade Logistics (CHE.UN) were revisited by a Wall Street analyst yesterday. Analyst Jacob Bout from CIBC remains neutral on the stock and has a C$11 price target.
According to TipRanks.com, Bout is ranked #2471 out of 5167 analysts.
Chemtrade Logistics has an analyst consensus of Moderate Buy, with a price target consensus of C$13.63, which is a 45.0% upside from current levels. In a report released yesterday, Raymond James also downgraded the stock to Hold with a C$12.50 price target.
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The company has a one-year high of C$16.99 and a one-year low of C$10.03. Currently, Chemtrade Logistics has an average volume of 363.1K.
Chemtrade Logistics Income Fund engages in the provision of portfolio of industrial chemicals and value-added services. It operates through the following segments: Sulphur Products & Performance Chemicals, Water Solutions & Specialty Chemicals, Electrochemicals, and Corporate.
The company’s shares closed on Thursday at C$9.40.
