Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) had its price target raised by BMO Capital Markets from $7.00 to $7.75 in a research note published on Monday, The Fly reports. BMO Capital Markets currently has a market perform rating on the stock.
Several other equities analysts have also recently weighed in on the company. Stifel Nicolaus upgraded Chemtrade Logistics Income Fund from a reduce rating to a hold rating in a report on Thursday, May 14th. Royal Bank of Canada decreased their price objective on Chemtrade Logistics Income Fund from $7.00 to $6.00 and set a sector perform rating for the company in a report on Thursday, May 14th. TD Securities raised their price objective on Chemtrade Logistics Income Fund from $5.00 to $6.50 and gave the company a hold rating in a report on Monday. Finally, Scotiabank cut their target price on shares of Chemtrade Logistics Income Fund from $8.00 to $7.00 and set a sector perform rating for the company in a research note on Thursday, May 14th. Six research analysts have rated the stock with a hold rating, Chemtrade Logistics Income Fund currently has an average rating of Hold and an average price target of $7.15.
Shares of OTCMKTS CGIFF opened at $4.50 on Monday. The firm has a 50-day moving average of $4.02. Chemtrade Logistics Income Fund has a fifty-two week low of $2.28 and a fifty-two week high of $8.82.
About Chemtrade Logistics Income Fund
Chemtrade Logistics Income Fund provides industrial chemicals and services in Canada, the United States, and South America. It operates through Sulphur Products and Performance chemicals (SPPC), Water Solutions and Specialty Chemicals (WSSC), and Electrochemicals (EC) segments. The SPPC segment removes and/or produces merchant, regenerated, and ultra-pure sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides.
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