Chemtrade Logistics Income Fund (TSE:CHE.UN) has received an average rating of “Buy” from the six research firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$21.08.

CHE.UN has been the subject of several recent research reports. National Bank Financial upgraded Chemtrade Logistics Income Fund from a “sector perform” rating to an “outperform” rating and lifted their price target for the company from C$19.50 to C$20.50 in a research report on Monday. Scotiabank reiterated an “outperform” rating and issued a C$20.00 price target on shares of Chemtrade Logistics Income Fund in a research report on Monday. TD Securities lifted their price target on Chemtrade Logistics Income Fund from C$22.00 to C$23.00 in a research report on Monday. Finally, Raymond James Financial, Inc. reduced their price target on Chemtrade Logistics Income Fund from C$23.00 to C$21.00 and set an “outperform” rating for the company in a research report on Thursday, May 11th.

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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.

Analyst Recommendations for Chemtrade Logistics Income Fund (TSE:CHE.UN)

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