17:54:17 EDT Tue 09 Jun 2026
Enter Symbol
or Name
USA
CA



Chartwell Retirement Residences Real Estate Investment Trust
Symbol CSH
Shares Issued 316,627,005
Close 2026-03-03 C$ 21.85
Market Cap C$ 6,918,300,059
Recent Sedar+ Documents

Globe says RBC's Bir keeps Chartwell at "outperform"

2026-03-03 06:56 ET - In the News

The Globe and Mail reports in its Tuesday, March 3, edition that RBC Dominion Securities analyst Pammi Bir has reaffirmed his "outperform" recommendation for Chartwell Retirement Residences REIT. The Globe's David Leeder writes that Mr. Bir gave his unit target a $4 boost to $26. Analysts on average target the units at $19. Mr. Bir says in a note: "Minimal new supply through 2028 should translate to an extended period of momentum in fundamentals. Our estimates took another step up, reaffirming Chartwell's sector-best earnings growth. Combined with disciplined balance sheet management, an attractive price/pound of growth, and insulation from AI-related fears, we see upside in valuation. ... Though absolute valuation may seem elevated, Chartwell's price/pound of growth (i.e., 2026E P/AFFO over two-year AFFO [adjusted funds from operations] CAGR) ranks among the lowest in our universe. It's also trading below its Canadian (22-per-cent P/NAV) and U.S. (46 per cent) counterparts. In short, we see a good entry to a name that's executing well with multiyear tailwinds at its back, compelling growth and a strong balance sheet." The Globe reported on Nov. 12 that Mr. Bir rated Chartwell "outperform." It was then worth $19.66.

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