Chartwell Retirement Residences (TSE:CSH.UN) Receives C$17.08 Average Price Target from Brokerages

Chartwell Retirement Residences (TSE:CSH.UN) has been given a consensus rating of “Buy” by the six ratings firms that are covering the stock, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a buy recommendation. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is C$17.08.

CSH.UN has been the topic of a number of research analyst reports. TD Securities upped their price target on Chartwell Retirement Residences from C$18.00 to C$19.00 and gave the company a “buy” rating in a research report on Monday, November 18th. CIBC upped their target price on Chartwell Retirement Residences from C$16.50 to C$19.00 in a report on Monday, November 18th.

Chartwell Retirement Residences Stock Performance

TSE:CSH.UN opened at C$15.39 on Tuesday. The firm has a market capitalization of C$4.18 billion, a P/E ratio of -90.53 and a beta of 1.12. The company has a quick ratio of 0.07, a current ratio of 0.43 and a debt-to-equity ratio of 192.20. The company has a fifty day moving average of C$15.54 and a 200 day moving average of C$14.83. Chartwell Retirement Residences has a 52 week low of C$11.41 and a 52 week high of C$16.31.

Chartwell Retirement Residences Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Tuesday, February 18th will be issued a dividend of $0.051 per share. This represents a $0.61 dividend on an annualized basis and a dividend yield of 3.98%. The ex-dividend date is Friday, January 31st. Chartwell Retirement Residences’s dividend payout ratio (DPR) is presently -358.82%.

About Chartwell Retirement Residences

Chartwell is in the business of serving and caring for Canada’s seniors, committed to its vision of Making People’s Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.