Chemtrade Logistics Upgraded by Scotiabank to Sector Outperform (CHE.UN)
Chemtrade Logistics (TSE:CHE.UN) was upgraded by analysts at Scotiabank from a “sector perform” rating to a “sector outperform” rating in a research report issued to clients and investors on Thursday, AnalystRatings.NET reports. The firm currently has a C$20.75 price target on the stock, up from their previous price target of C$18.00.
A number of other firms have also recently commented on CHE.UN. Analysts at NBF upgraded shares of Chemtrade Logistics to an “outperform” rating in a research note to investors on Friday, November 15th. Separately, analysts at National Bank Financial upgraded shares of Chemtrade Logistics from a “sector perform” rating to an “outperform” rating in a research note to investors on Thursday, November 14th. Finally, analysts at CIBC reiterated a “sector perform” rating on shares of Chemtrade Logistics in a research note to investors on Thursday, October 10th. They now have a C$17.50 price target on the stock. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of C$20.31.
Chemtrade Logistics Inc (TSE:CHE) is a wholly owned subsidiary of Chemtrade Logistics Income Fund.
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