Chemtrade Logistics Income Fund (TSE:CHE.UN) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Chemtrade Logistics Income Fund (TSE:CHE.UNGet Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is C$18.21.

Several analysts have weighed in on the stock. BMO Capital Markets lowered their target price on shares of Chemtrade Logistics Income Fund from C$20.00 to C$18.50 and set an “outperform” rating for the company in a research note on Friday, January 9th. National Bank Financial raised their price target on shares of Chemtrade Logistics Income Fund from C$17.50 to C$18.00 and gave the stock an “outperform” rating in a research report on Monday, January 19th.

View Our Latest Stock Report on CHE.UN

Chemtrade Logistics Income Fund Stock Performance

CHE.UN stock opened at C$15.93 on Wednesday. The stock’s 50 day simple moving average is C$15.53 and its 200 day simple moving average is C$14.46. Chemtrade Logistics Income Fund has a 12-month low of C$8.50 and a 12-month high of C$16.46. The firm has a market cap of C$1.79 billion, a P/E ratio of 13.06 and a beta of 0.80. The company has a current ratio of 0.40, a quick ratio of 0.48 and a debt-to-equity ratio of 128.02.

Chemtrade Logistics Income Fund Company Profile

(Get Free Report)

Chemtrade Logistics Income Fund provides industrial chemicals and services to customers in North America and around the world. The company organized into four main operating segments: Sulphur Products and Performance Chemicals (SPPC), Water Solutions and Specialty Chemicals (WSSC), Electrochemicals, and Corporate. It generates maximum revenue from Electrochemicals segment. Chemtrade operates in Canada, the United States, and South America of which maximum revenue comes from the United States. SPPC markets, remove and produces merchant, regenerated and ultra-pure sulphuric acid, liquid sulphur dioxide, sodium hydrosulfite and provides other processing services.

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

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