Chemtrade Logistics Income Fund (CHE.UN) Receives Outperform Rating from Scotiabank
Chemtrade Logistics Income Fund (TSE:CHE.UN)‘s stock had its “outperform” rating restated by equities researchers at Scotiabank in a research report issued on Wednesday. They presently have a C$19.50 target price on the stock.
CHE.UN has been the topic of a number of other reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a C$19.00 price objective on shares of Chemtrade Logistics Income Fund in a research note on Thursday, September 15th. TD Securities reaffirmed a “hold” rating and issued a C$19.00 price objective on shares of Chemtrade Logistics Income Fund in a research note on Thursday, September 8th. CIBC reduced 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. Finally, Raymond James Financial Inc. raised their price objective on shares of Chemtrade Logistics Income Fund from C$19.00 to C$20.00 and gave the company an “outperform” rating in a research note on Thursday, September 15th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of C$19.21.
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About Chemtrade Logistics Income Fund
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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