Choice Properties REIT: Stocks Analysts Recently Downgraded on TSX (CHP-UN)
Choice Properties Real Estate Investment Trust is among the group of Toronto Stock Exchange stocks recently downgraded by analysts. This means each stock on this list has seen its averge consensus value drop in the last week so at least one analyst has downgraded their view on these stocks.
This report is generated monthly. It displays the number of analysts along with their buy-hold-sell ratings for the company. A company is included in this list when its mean rating decreases from the previous week. Stocks in this category are generally sold to preserve capital.
Companies can get downgraded for a number of reasons - but primarily due to reduced future earnings potential due to loss of contracts, new faltering product lines or increasing costs relative to revenue or financial risk.
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| ENB | Enbridge Inc | 6 | 4 | 3 | 0 | 0 | 0 | 4.2308 | 4.2857 | Outperform |
| PPL | Pembina Pipeline Corp | 5 | 0 | 3 | 0 | 0 | 0 | 4.25 | 4.3333 | Outperform |
| FTS | Fortis Inc | 1 | 3 | 4 | 0 | 0 | 0 | 3.625 | 3.7778 | Outperform |
| EMA | Emera Inc | 2 | 1 | 4 | 0 | 1 | 0 | 3.375 | 3.5556 | Hold |
| ALA | AltaGas Ltd | 7 | 1 | 0 | 0 | 0 | 0 | 4.875 | 4.8889 | Buy |
| KEY | Keyera Corp | 2 | 0 | 6 | 0 | 0 | 0 | 3.5 | 3.6667 | Hold |
| CU | Canadian Utilities Ltd | 1 | 0 | 4 | 0 | 0 | 0 | 3.4 | 3.6667 | Hold |
| ACO-X | Atco Ltd | 3 | 0 | 2 | 0 | 0 | 0 | 4.2 | 4.3333 | Outperform |
| ACO-Y | Atco Ltd | 3 | 0 | 2 | 0 | 0 | 0 | 4.2 | 4.3333 | Outperform |
| CHP-UN | Choice Properties Real Estate Investment Trust | 3 | 2 | 2 | 0 | 0 | 0 | 4.1429 | 4.1667 | Outperform |
| GEI | Gibson Energy Inc | 5 | 0 | 1 | 0 | 0 | 0 | 4.6667 | 4.7143 | Buy |
| STLC | Stelco Holdings Inc | 3 | 1 | 2 | 0 | 0 | 0 | 4.1667 | 4.4 | Outperform |
All data provided as of June 14, 2024.
More about Choice Properties Real Estate Investment Trust
Choice Properties Real Estate Investment Trust invests in commercial retail, industrial, mixed-use, and residential properties across Canada. The company's portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick. Choice Properties generates the majority of its revenue from leasing properties to its tenants.
Choice Properties Real Estate Investment Trust is listed under CHP-UN on the Toronto Stock Exchange.
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