Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN – Get Free Report) was upgraded by research analysts at Canaccord Genuity Group from a “hold” rating to a “buy” rating in a note issued to investors on Friday, BayStreet.CA reports. The firm presently has a C$14.50 price target on the real estate investment trust’s stock. Canaccord Genuity Group’s target price indicates a potential upside of 11.54% from the company’s current price.
Other analysts have also recently issued reports about the company. Desjardins increased their target price on Choice Properties Real Est Invstmnt Trst from C$14.50 to C$15.50 and gave the stock a “buy” rating in a research note on Friday, February 16th. TD Securities lowered their target price on Choice Properties Real Est Invstmnt Trst from C$16.00 to C$15.00 in a research note on Wednesday. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$14.81.
View Our Latest Analysis on Choice Properties Real Est Invstmnt Trst
Choice Properties Real Est Invstmnt Trst Price Performance
Choice Properties Real Est Invstmnt Trst Company Profile
Choice Properties, Canada's preeminent diversified real estate investment trust, is the owner, manager and developer of a high quality portfolio comprising 756 properties totaling 67.7 million square feet of gross leasable area. The portfolio is comprised of retail properties, predominantly leased to necessity-based tenants, industrial, office and residential assets concentrated in attractive markets and offers an unmatched development pipeline.
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