Chemtrade Logistics Income Fund (TSE:CHE.UN) had its target price hoisted by research analysts at CIBC from C$23.00 to C$24.00 in a research report issued to clients and investors on Wednesday. CIBC’s price target would suggest a potential upside of 30.29% from the company’s previous close.
Separately, Scotiabank reissued an “outperform” rating and issued a C$22.00 price objective on shares of Chemtrade Logistics Income Fund in a research note on Wednesday, November 15th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of C$21.75.
Chemtrade Logistics Income Fund (TSE CHE.UN) opened at C$18.42 on Wednesday. The company has a market capitalization of $1,710.00, a price-to-earnings ratio of 73.68 and a beta of 0.63. Chemtrade Logistics Income Fund has a one year low of C$17.05 and a one year high of C$20.02.
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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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