Chartwell Retirement Residences (TSE:CSH.UN – Free Report) had its price target hoisted by Desjardins from C$15.50 to C$16.00 in a report issued on Monday, BayStreet.CA reports. They currently have a buy rating on the stock.
A number of other equities research analysts have also recently commented on the stock. Royal Bank of Canada lifted their price target on shares of Chartwell Retirement Residences from C$14.00 to C$15.00 and gave the stock an outperform rating in a report on Thursday, May 16th. Scotiabank lifted their price objective on shares of Chartwell Retirement Residences from C$14.00 to C$15.00 and gave the company an outperform rating in a research note on Friday, June 28th. TD Securities set a C$16.00 price objective on shares of Chartwell Retirement Residences and gave the company a buy rating in a research note on Friday, June 28th. Finally, National Bankshares set a C$15.00 price objective on shares of Chartwell Retirement Residences and gave the company an outperform rating in a research note on Tuesday, July 23rd. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Chartwell Retirement Residences currently has a consensus rating of Buy and an average target price of C$16.17.
Get Our Latest Stock Analysis on CSH.UN
Chartwell Retirement Residences Trading Down 0.3 %
Chartwell Retirement Residences Dividend Announcement
The company also recently declared a monthly dividend, which was paid on Thursday, August 15th. Stockholders of record on Thursday, August 15th were given a dividend of $0.051 per share. The ex-dividend date was Wednesday, July 31st. This represents a $0.61 dividend on an annualized basis and a dividend yield of 4.23%. Chartwell Retirement Residences’s dividend payout ratio (DPR) is currently -358.82%.
About Chartwell Retirement Residences
Chartwell is an unincorporated, open-ended trust which indirectly owns and operates a complete range of seniors housing communities, from independent supportive living through assisted living to long term care. It is the largest operator in the Canadian seniors living sector with over 200 quality retirement communities in four provinces.
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