Chemtrade Logistics Income Fund (TSE:CHE.UN)‘s stock had its “outperform” rating reaffirmed by Scotiabank in a note issued to investors on Tuesday. They presently have a C$19.50 price target on the stock.
A number of other analysts have also recently issued reports on CHE.UN. CIBC lowered their target price on Chemtrade Logistics Income Fund from C$19.50 to C$19.00 in a research note on Monday, August 15th. Raymond James Financial Inc. cut Chemtrade Logistics Income Fund from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from C$20.00 to C$19.00 in a research note on Monday, August 15th. TD Securities reissued a “hold” rating and set a C$19.00 target price on shares of Chemtrade Logistics Income Fund in a research note on Monday, August 15th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a C$19.00 target price on shares of Chemtrade Logistics Income Fund in a research note on Thursday, September 15th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of C$19.21.
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.
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