Chemtrade Logistics Income Fund (TSE:CHE) Lowered to Hold Rating by BMO Capital Markets

BMO Capital Markets downgraded shares of Chemtrade Logistics Income Fund (TSE:CHE) from a strong-buy rating to a hold rating in a report released on Tuesday morning,Zacks.com reports.

Separately, Raymond James Financial cut shares of Chemtrade Logistics Income Fund from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Chemtrade Logistics Income Fund has an average rating of “Moderate Buy”.

Chemtrade Logistics Income Fund Stock Performance

Chemtrade Logistics Income Fund Company Profile

Chemed Corporation provides hospice and palliative care services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers primarily in the United States. The company operates in two segments, VITAS and Roto-Rooter. It offers plumbing, drain cleaning, excavation, water restoration, and other related services to residential and commercial customers through company-owned branches, independent contractors, and franchisees. The company was incorporated in 1970 and is headquartered in Cincinnati, Ohio.