Chemtrade Logistics Income Fund (TSE:CHE.UN) Price Target Raised to C$15.00

Chemtrade Logistics Income Fund (TSE:CHE.UN) had its price target hoisted by BMO Capital Markets from C$12.00 to C$15.00 in a research report sent to investors on Tuesday,BayStreet.CA reports.

Other equities analysts also recently issued research reports about the company. Scotiabank upped their target price on Chemtrade Logistics Income Fund from C$10.50 to C$11.00 in a report on Monday, August 19th. CIBC upped their price objective on shares of Chemtrade Logistics Income Fund from C$14.00 to C$15.00 in a report on Monday. National Bankshares boosted their price target on shares of Chemtrade Logistics Income Fund from C$13.50 to C$14.00 and gave the company an “outperform” rating in a research report on Friday, August 16th. Raymond James raised their price objective on shares of Chemtrade Logistics Income Fund from C$13.00 to C$14.00 in a report on Monday. Finally, Desjardins upped their target price on Chemtrade Logistics Income Fund from C$13.25 to C$14.00 and gave the stock a “buy” rating in a report on Thursday, October 17th.

Chemtrade Logistics Income Fund Trading Down 0.1 %

CHE.UN opened at C$11.44 on Tuesday. Chemtrade Logistics Income Fund has a one year low of C$7.77 and a one year high of C$11.69. The company has a debt-to-equity ratio of 128.02, a current ratio of 0.40 and a quick ratio of 0.48. The business has a 50 day simple moving average of C$10.92 and a two-hundred day simple moving average of C$9.88. The firm has a market capitalization of C$1.33 billion, a price-to-earnings ratio of 10.40 and a beta of 1.50.

Chemtrade Logistics Income Fund Company Profile

Chemtrade Logistics Income Fund provides industrial chemicals and services in Canada, the United States, and South America. It operates through Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), and Electrochemicals (EC) segments. The SPPC segment removes and/or produces merchant, regenerated, and ultra pure sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides.