Chartwell Retirement Residences (TSE:CSH.UN – Free Report) had its price objective upped by National Bankshares from C$15.00 to C$16.00 in a report released on Tuesday morning, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.
A number of other research firms have also commented on CSH.UN. CIBC increased their price objective on Chartwell Retirement Residences from C$15.00 to C$16.50 and gave the company an outperform rating in a research note on Monday. TD Securities raised their price target on Chartwell Retirement Residences from C$16.00 to C$17.00 and gave the stock a buy rating in a research note on Monday. Scotiabank raised their price target on Chartwell Retirement Residences from C$15.00 to C$15.50 and gave the stock an outperform rating in a research note on Monday. Desjardins raised their price target on Chartwell Retirement Residences from C$15.50 to C$16.00 and gave the stock a buy rating in a research note on Monday. Finally, Royal Bank of Canada raised their price target on Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the stock an outperform rating in a research note on Monday. Six 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 target price of C$16.17.
Check Out Our Latest Research Report on CSH.UN
Chartwell Retirement Residences Stock Down 0.3 %
Chartwell Retirement Residences Dividend Announcement
The company also recently disclosed a monthly dividend, which was paid on Thursday, August 15th. Stockholders of record on Thursday, August 15th were paid a $0.051 dividend. This represents a $0.61 annualized dividend and a dividend yield of 4.23%. The ex-dividend date was Wednesday, July 31st. Chartwell Retirement Residences’s dividend payout ratio 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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