Chemtrade Logistics Income Fund (TSE:CHE.UN – Free Report) had its price target hoisted by CIBC from C$13.50 to C$14.00 in a research note released on Friday, BayStreet.CA reports.
A number of other research firms have also weighed in on CHE.UN. Desjardins increased their price objective on shares of Chemtrade Logistics Income Fund from C$13.00 to C$13.25 and gave the stock a buy rating in a research report on Friday. National Bankshares increased their price target on Chemtrade Logistics Income Fund from C$13.50 to C$14.00 and gave the stock an outperform rating in a report on Friday. Finally, Royal Bank of Canada boosted their price objective on Chemtrade Logistics Income Fund from C$11.00 to C$12.00 and gave the company an outperform rating in a report on Friday, May 17th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of Moderate Buy and a consensus price target of C$12.55.
Check Out Our Latest Stock Analysis on Chemtrade Logistics Income Fund
Chemtrade Logistics Income Fund Trading Up 3.3 %
Chemtrade Logistics Income Fund Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 30th will be paid a dividend of $0.055 per share. This represents a $0.66 annualized dividend and a dividend yield of 6.58%. The ex-dividend date of this dividend is Wednesday, July 31st. Chemtrade Logistics Income Fund’s dividend payout ratio is presently 45.52%.
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.
See Also
- Five stocks we like better than Chemtrade Logistics Income Fund
- What Are the U.K. Market Holidays? How to Invest and Trade
- This Small Cap Wealth Management Stock Could Provide Big Returns
- The Most Important Warren Buffett Stock for Investors: His Own
- Bumble’s Valuation Hits an All-Time Low, Can Its Fortunes Change?
- Where Do I Find 52-Week Highs and Lows?
- MarketBeat Week in Review – 8/12 – 8/16
Receive News & Ratings for Chemtrade Logistics Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chemtrade Logistics Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.