Chemtrade Logistics ( ($TSE:CHE.UN) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Chemtrade Logistics shares have been on the rise due to a reiterated Buy rating from RBC Capital’s analyst Nelson Ng, who has maintained a price target of C$13.00. This optimism is fueled by expectations of positive developments in the company’s upcoming earnings report. The stock is currently viewed as a Moderate Buy, reflecting general market confidence. With the shares recently closing at C$10.36, investors are eyeing the potential for further gains.
More about Chemtrade Logistics
YTD Price Performance: -4.22%
Average Trading Volume: 290,774
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$1.23B
For further insights into CHE.UN stock on TipRanks’ Stock Analysis page.
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