The Globe and Mail reports in its Thursday, Nov. 16, edition that RBC Capital Markets analyst Pammi Bir has reaffirmed his "outperform" recommendation for Chartwell Retirement Residences REIT. The Globe's David Leeder writes in the Eye On Equities column that Mr. Bir raised his unit target to $14 from $13. Analysts on average target the units at $13.25. Mr. Bir says in a note: "Post in line, yet operationally strong results, we're increasingly constructive on Chartwell. SP NOI growth shifted to high gear as the benefits of significant operational efforts are becoming more readily visible. Together with pent-up demand, slowing new supply, and demographic tailwinds, we see a recipe for momentum to carry through 2024. Layering on the anticipated merits from winding-up the Welltower JV, we believe the risk/reward profile remains compelling." The Globe reported on Aug. 17, 2022, and Oct. 19, 2022, that Scotia Capital analyst Himanshu Gupta rated Chartwell Retirement "sector perform." The units could be had for $10.90 and $8.35. The Globe reported on Aug. 15, 2023, that Mr. Bir continued to rank Chartwell Retirement "outperformer." It was then worth $10.27.