Chemtrade Logistics Income Fund (CHE.UN) PT Lowered to C$18.00

Chemtrade Logistics Income Fund (TSE:CHE.UN) had its price objective decreased by research analysts at TD Securities from C$22.00 to C$18.00 in a research note issued on Friday. The firm currently has a “buy” rating on the stock. TD Securities’ price target would indicate a potential upside of 18.89% from the stock’s previous close.

Several other analysts have also recently weighed in on CHE.UN. Desjardins cut Chemtrade Logistics Income Fund from a “buy” rating to a “c$14.50” rating and cut their price objective for the company from C$19.00 to C$17.00 in a research report on Monday, July 23rd. National Bank Financial cut their price objective on Chemtrade Logistics Income Fund from C$20.50 to C$18.25 and set an “outperform” rating on the stock in a research report on Friday, April 27th. BMO Capital Markets reaffirmed a “market perform” rating and set a C$15.00 price objective on shares of Chemtrade Logistics Income Fund in a research report on Tuesday, July 31st. Royal Bank of Canada cut their price objective on Chemtrade Logistics Income Fund from C$19.00 to C$18.00 and set a “sector perform” rating on the stock in a research report on Friday. Finally, Raymond James cut their price objective on Chemtrade Logistics Income Fund from C$20.00 to C$19.50 and set an “outperform” rating on the stock in a research report on Wednesday. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of C$18.72.

Shares of Chemtrade Logistics Income Fund opened at C$15.14 on Friday, MarketBeat reports. Chemtrade Logistics Income Fund has a 1 year low of C$15.86 and a 1 year high of C$20.02.

Chemtrade Logistics Income Fund Company Profile

Chemtrade Logistics Income Fund (Chemtrade) provides industrial chemicals and services. Chemtrade operates in four business segments: Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), International (Intl) and Corporate (Corp). Its SPPC segment markets, removes and produces merchant, regenerated sulfuric acid, liquid sulfur dioxide, sodium hydrosulfite, elemental sulfur, hydrogen sulfide, and sodium bisulfite and other processing services.

Featured Article: Stock Ratings and Recommendations: Understanding Analyst Upgrades and Downgrades

Analyst Recommendations for Chemtrade Logistics Income Fund (TSE:CHE.UN)

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.

Leave a Reply