The Globe and Mail reports in its Tuesday, Aug. 12, edition that RBC Capital analyst Pammi Bir continues to rank Chartwell Retirement Residences REIT "outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Bir hiked his unit target by a loonie to $21. Analysts on average target the units at $21.22. Mr. Bir says in a note: "In the context of a sluggish economic backdrop, Chartwell Retirement Residences continues to set up favourably. With multi-year demand tailwinds at its back and muted near-term supply growth, we see more room for operating metrics to run in both the same-property and growth portfolios. Indeed, as occupancy rises, the benefits of operating leverage are becoming increasingly visible. Simultaneously, accretive portfolio high-grading is providing another lever for growth, as management capitalizes on its stronger cost of capital. With a near sector best growth profile, we reiterate 'outperform.'" The Globe reported on April 3 that Canaccord Genuity analyst Mark Rothschild rated Chartwell "buy" in new coverage. It was then worth $16.93. The Globe reported on May 13 that National Bank analyst Giuliano Thornhill continued to rate Chartwell "outperform." It was then worth $17.90.