Choice Properties REIT (CHP.UN), the Financial sector company was revisited today, yet the Wall Street analyst remains currently on the sidelines. Desjardins’ analyst Michael Markidis reiterates their Hold rating on the shares, with a C$13.50 price target.
According to TipRanks.com, Markidis is ranked #360 out of 5180 analysts.
Currently, the analyst consensus on Choice Properties REIT is a Hold with an average price target of C$13.50, which is a -0.2% downside from current levels. In a report issued on February 15, National Bank also maintained a Hold rating on the stock with a C$13.50 price target.
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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 499.8K.
Choice Properties Real Estate Investment Trust owns, manages, and develops 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 Tuesday at C$13.53.
