Choice Properties REIT (CHP.UN) Gets a Hold Rating from CIBC
In a new note to investors yesterday, an analyst has provided a rating update for Choice Properties REIT (CHP.UN). Analyst Sumayya Hussain from CIBC rated Choice Properties REIT (CHP.UN) a Hold, setting a C$14 price target.
According to TipRanks.com, Hussain is ranked #3511 out of 5167 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Choice Properties REIT with a C$13.33 average price target, a -1.0% downside from current levels. In a report issued on February 11, BMO Capital also reiterated a Hold rating on the stock with a C$13 price target.
The company has a one-year high of C$13.27 and a one-year low of C$11.19. Currently, Choice Properties REIT has an average volume of 481K.
Choice Properties Real Estate Investment Trust engages in owning, management, and development of retail and commercial real estate. Its portfolio includes supermarket-and-drug store-anchored shopping centers; and stand-alone supermarkets and drug stores. The company was founded on May 21, 2013 and is headquartered in Toronto, Canada.
The company’s shares closed on Thursday at C$13.46.