In a latest note to investors, a research analyst has provided a rating update for the Chemtrade Logistics (CHE.UN). Raymond James’ analyst Steve Hansen downgraded CHE.UN to Hold today , with a C$12.50 price target.
According to TipRanks.com, Hansen is ranked #1824 out of 5163 analysts.
Chemtrade Logistics has an analyst consensus of Moderate Buy, with a price target consensus of C$13.63.
Chemtrade Logistics’ market cap is currently C$1.09B and has a P/E ratio of 84.5. The company has a Price to Book ratio of 1.03.
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$9.34.