Chartwell Retirement Residences (TSE:CSH.UN) Price Target Raised to C$20.00

Chartwell Retirement Residences (TSE:CSH.UN) had its price objective lifted by TD Securities from C$19.00 to C$20.00 in a research note released on Monday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Several other equities analysts have also issued reports on the company. BMO Capital Markets upped their price target on Chartwell Retirement Residences from C$18.00 to C$19.00 in a research note on Monday. CIBC upped their price target on Chartwell Retirement Residences from C$19.00 to C$20.00 in a research note on Monday. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of C$17.64.

Chartwell Retirement Residences Trading Down 0.7 %

CSH.UN opened at C$17.33 on Monday. The company has a current ratio of 0.43, a quick ratio of 0.07 and a debt-to-equity ratio of 192.20. The stock has a market capitalization of C$4.70 billion, a PE ratio of -101.94 and a beta of 1.12. The firm has a 50-day moving average price of C$15.91 and a two-hundred day moving average price of C$15.55. Chartwell Retirement Residences has a 1-year low of C$11.91 and a 1-year high of C$17.69.

Chartwell Retirement Residences Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 17th will be issued a $0.051 dividend. This represents a $0.61 annualized dividend and a dividend yield of 3.53%. The ex-dividend date is Friday, February 28th. Chartwell Retirement Residences’s dividend payout ratio (DPR) is presently -358.82%.

About Chartwell Retirement Residences

Chartwell Retirement Residences is an unincorporated open-ended trust. The company is engaged in the ownership, operation, and management of retirement and long-term care communities in Canada. It operates its retirement and long-term care facilities separately. The Retirement Operations segment consists of communities that the company owns and operates in Canada.