Chartwell Retirement Residences traded at 21.07 this Wednesday April 1st, increasing 0.95 or 4.72 percent since the previous trading session. Looking back, over the last four weeks, Chartwell Retirement Residences gained 4.75 percent. Over the last 12 months, its price rose by 24.82 percent. Looking ahead, we forecast Chartwell Retirement Residences to be priced at 19.10 by the end of this quarter and at 17.69 in one year, according to Trading Economics global macro models projections and analysts expectations.
Chartwell Retirement Residences is a Canada-based open-ended real estate trust. The Company is engaged in the ownership, operations and management of retirement and long-term care communities in Canada. It operates through two segments: Retirement Operations and Long Term Care Operations. The Retirement Operations segment includes approximately 162 communities that it owns and operates in Canada. The retirement communities provide services to age-qualified residents. The Long Term Care Operations segment includes approximately 24 communities in Ontario. It offers various options, such as independent living, independent supportive living, assisted living, memory living and long term care. It offers active living programs, such as LiveNow and Recreation. Its LiveNow programming includes six dimensions of wellness: physical, social, intellectual, emotional, spiritual and vocational pursuits. Recreation includes physical activities and social activities.