Chemtrade Logistics Income Fund (CHE.UN) Rating Reiterated by Scotiabank
Chemtrade Logistics Income Fund (TSE:CHE.UN)‘s stock had its “outperform” rating reaffirmed by equities research analysts at Scotiabank in a report issued on Wednesday. They currently have a C$19.50 price target on the stock.
Several other research firms have also commented on CHE.UN. CIBC dropped their price objective on shares of Chemtrade Logistics Income Fund from C$19.50 to C$19.00 in a research note on Monday, August 15th. TD Securities reaffirmed a “hold” rating and set a C$19.00 price objective on shares of Chemtrade Logistics Income Fund in a research note on Thursday, September 8th. Raymond James Financial Inc. lowered shares of Chemtrade Logistics Income Fund from an “outperform” rating to a “market perform” rating and dropped their price objective for the stock from C$20.00 to C$19.00 in a research note on Monday, August 15th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a C$19.00 price objective on shares of Chemtrade Logistics Income Fund in a research note on Thursday, September 15th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of C$19.21.
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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.
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