TD Securities Cuts Chartwell Retirement Residences (OTCMKTS:CWSRF) Price Target to C$13.00

Chartwell Retirement Residences (OTCMKTS:CWSRFGet Rating) had its price objective decreased by TD Securities from C$13.50 to C$13.00 in a research note issued to investors on Monday morning, The Fly reports.

Separately, National Bank Financial decreased their target price on shares of Chartwell Retirement Residences from C$15.00 to C$13.00 in a research report on Wednesday, July 20th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of Moderate Buy and an average target price of $13.60.

Chartwell Retirement Residences Price Performance

OTCMKTS CWSRF opened at $8.43 on Monday. The company’s 50-day simple moving average is $8.87 and its two-hundred day simple moving average is $9.45. Chartwell Retirement Residences has a one year low of $8.08 and a one year high of $10.42.

About Chartwell Retirement Residences

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Chartwell is an unincorporated, open-ended real estate 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 including properties under development.

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Analyst Recommendations for Chartwell Retirement Residences (OTCMKTS:CWSRF)

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