Scotiabank reiterated their outperform rating on shares of Chemtrade Logistics Income Fund (TSE:CHE.UN) in a report published on Tuesday. The brokerage currently has a C$19.50 price target on the stock.
Several other research analysts also recently commented on CHE.UN. Raymond James Financial Inc. raised their price objective on shares of Chemtrade Logistics Income Fund from C$19.00 to C$20.00 and gave the stock an outperform rating in a report on Thursday, September 15th. CIBC cut their price objective on shares of Chemtrade Logistics Income Fund from C$19.50 to C$19.00 in a report on Monday, August 15th. TD Securities reaffirmed a hold rating and issued a C$19.00 price objective on shares of Chemtrade Logistics Income Fund in a report on Thursday, September 8th. Finally, Royal Bank Of Canada reaffirmed a sector perform rating and issued a C$19.00 price objective on shares of Chemtrade Logistics Income Fund in a report on Thursday, September 15th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of Hold and an average price target 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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