Chemtrade Logistics (CHE.UN) was Downgraded to a Hold Rating at Raymond James


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.

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