Chemtrade Logistics Income Fund (CHE.UN) Given Consensus Rating of “Buy” by Brokerages

Shares of Chemtrade Logistics Income Fund (TSE:CHE.UN) have been assigned a consensus recommendation of “Buy” from the eight analysts that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is C$21.22.

CHE.UN has been the topic of a number of recent research reports. TD Securities lowered their target price on Chemtrade Logistics Income Fund from C$23.00 to C$22.00 and set a “buy” rating on the stock in a research note on Monday, January 15th. Scotiabank reiterated an “outperform” rating and set a C$22.00 target price on shares of Chemtrade Logistics Income Fund in a research note on Wednesday, November 22nd. BMO Capital Markets set a C$21.00 target price on Chemtrade Logistics Income Fund and gave the stock an “outperform” rating in a research note on Tuesday, January 16th. CIBC increased their target price on Chemtrade Logistics Income Fund from C$23.00 to C$24.00 in a research note on Wednesday, January 10th. Finally, Desjardins lowered their target price on Chemtrade Logistics Income Fund from C$23.00 to C$21.50 in a research note on Monday, January 15th.

Chemtrade Logistics Income Fund (TSE:CHE.UN) opened at C$16.50 on Tuesday. The firm has a market capitalization of $1,530.00, a P/E ratio of 66.00 and a beta of 0.50. Chemtrade Logistics Income Fund has a 52 week low of C$16.35 and a 52 week high of C$20.02.

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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.

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

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