National Bank Keeps a Hold Rating on Choice Properties REIT (CHP.UN)
A Wall Street analyst has provided a review for the Financial company today, but retained the same rating on the stock. Analyst Matt Kornack from National Bank reiterated a Hold rating on Choice Properties REIT (CHP.UN), with a C$13.50 price target.
According to TipRanks.com, Kornack is ranked #1958 out of 5167 analysts.
Choice Properties REIT has an analyst consensus of Hold, with a price target consensus of C$13.38, a -0.7% 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 485.4K.
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 Friday at C$13.48.