Chemtrade Logistics Receives Sector Perform Rating from CIBC (CHE.UN)
Chemtrade Logistics (TSE:CHE.UN)‘s stock had its “sector perform” rating reiterated by investment analysts at CIBC in a note issued to investors on Thursday, American Banking News reports. They currently have a C$17.50 target price on the stock.
Separately, analysts at National Bank Financial downgraded shares of Chemtrade Logistics from an “outperform” rating to a “sector perform” rating in a research note to investors on Friday, August 9th. They now have a C$18.00 price target on the stock, down previously from C$19.00. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Chemtrade Logistics presently has a consensus rating of “Hold” and an average target price of C$17.90.
Chemtrade Logistics Inc (TSE:CHE) is a wholly owned subsidiary of Chemtrade Logistics Income Fund.
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