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Analyst Tracker/Jonathan Kelcher
TD

Jonathan Kelcher

TD Cowen
Wall Street Analyst
★★★☆☆
#976
on 13Foresight · ranked by our own returns
52%
Success Rate
+8.1%
Average Return
16 of 31 calls profitable · -8.6% vs benchmark
S&P 500 (SPY)
📈 Across the calls we could measure, roughly 52% of Jonathan Kelcher's ratings turned a profit when each position was held for 2 year — averaging +8.1% per rating. These figures are computed by 13Foresight from historical prices, not supplied by the analyst.

Rating Distribution

20 Buy 7 Hold 2 Sell
Jonathan's Stock Coverage 18 ratings · 2026-08-11
Company Date Position Consensus ⓘ Price Target ⓘ 2-Yr Return vs S&P 500 ⓘ
TSE:KMP.UN
Killam Apartment REIT Un
 Aug 07, 2026 BUY Strong Buy
+14.6% avg upside
10 analysts
$22.00
18.38% Upside
 · ·
TSE:SIA
Sienna Senior Living
 Aug 06, 2026 BUY Strong Buy
+11.1% avg upside
11 analysts
$28.00
29.98% Upside
 -2.3% ·
TSE:MRT.UN
Morguard Real Estate ate
 Jul 31, 2026 HOLD Hold
+77.6% avg upside
7 analysts
$6.50
7.05% Downside
 +0.0% ·
TSE:MRG.UN
Morguard NA REIT UN
 Jul 31, 2026 BUY Strong Buy
+33.4% avg upside
3 analysts
$24.00
47.44% Upside
 -0.5% ·
TSE:BEI.UN
Boardwalk REIT
 Jul 29, 2026 BUY Buy
+16.5% avg upside
11 analysts
$82.00
28.11% Upside
 -3.8% ·
TSE:AP.UN
Allied Properties Real Estate Investment Trust
 Jul 29, 2026 HOLD Buy
+141.9% avg upside
12 analysts
$10.00
5.76% Upside
 -1.9% ·
TSE:SVI
Storagevault Canada
 Jul 22, 2026 BUY Strong Buy
+28.7% avg upside
10 analysts
$6.00
32.54% Upside
 -4.3% ·
TSE:CSH.UN
Chartwell Retirement Residences
 Jun 01, 2026 BUY Strong Buy
+15.6% avg upside
12 analysts
$27.00
28.17% Upside
 +10.4% ·
TSE:APR.UN
Automotive Properties
 May 15, 2026 HOLD Strong Buy
+6.8% avg upside
13 analysts
$13.00
7.04% Upside
 +5.5% ·
TSE:EXE
Extendicare
 May 11, 2026 BUY Strong Buy
-13.9% avg upside
8 analysts
$39.00
20.19% Upside
 +2.4% ·
TSE:MHC.UN
Flagship Communities REIT Investment Trust
 May 06, 2026 BUY Strong Buy
+7.0% avg upside
11 analysts
$34.88
21.61% Upside
 +10.0% ·
TSE:RFA
RFA Financial
 May 13, 2025 HOLD Buy
-56.9% avg upside
8 analysts
$7.00
71.61% Downside
 +234.5% ·
TSE:HOM.UN
BSR Real Estate Investment Trust
 Aug 08, 2024 BUY Strong Buy
+10.1% avg upside
9 analysts
$20.93
25.60% Upside
 +6.9% ·
EQIX
Equinix
 Feb 16, 2023 HOLD Strong Buy
-0.8% avg upside
51 analysts
$800.00
23.42% Downside
 +34.5% ·
TSE:MEQ
Mainstreet Equity
 Jun 27, 2022 HOLD Strong Buy
-14.2% avg upside
5 analysts
$125.00
24.77% Downside
 +44.4% ·
DLR
Digital Realty
 Oct 27, 2021 BUY Strong Buy
+3.0% avg upside
46 analysts
$185.00
3.32% Downside
 -15.6% ·
TSE:CAR.UN
Canadian Apartment
 Feb 28, 2020 BUY Strong Buy
+52.5% avg upside
11 analysts
$66.00
95.77% Upside
 -0.8% ·
TSE:HOT.UN
AMERICAN HOTEL
 Jan 07, 2019 BUY Buy
+578.8% avg upside
10 analysts
$9.07
1579.52% Upside
 -41.4% ·
🔒 13 more ratings — with price targets, crowd consensus and our measured returns.
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Jonathan Kelcher — Frequently Asked Questions
How accurate are Jonathan Kelcher's stock ratings?
Based on the calls 13Foresight could measure, about 61% of Jonathan's ratings were profitable over a one-year hold, with an average return of +10.8% per rating, or +0.4% versus the S&P 500. We score every analyst the same way, from historical prices. Each return is measured in the stock's own trading currency, so for non-US listings the S&P 500 comparison leaves out currency moves.
How is Jonathan ranked on 13Foresight?
Jonathan Kelcher is currently ranked #976 with a 3-star rating. Our rank blends hit rate, average return versus the market, and how many calls we have to judge — so a long, consistent record outweighs a few lucky picks. It is our own calculation, updated daily.
Which stocks does Jonathan cover?
Jonathan most recently has ratings on TSE:KMP.UN, TSE:SIA, TSE:MRT.UN, TSE:MRG.UN, TSE:BEI.UN, TSE:AP.UN, TSE:SVI, TSE:CSH.UN, TSE:APR.UN, TSE:EXE, TSE:MHC.UN, TSE:RFA and 6 more. See the full coverage table above for positions, price targets and our measured returns.
Where can I see other analyst ratings?
Browse the full analyst leaderboard to compare Wall Street analysts ranked by their measured performance, success rate and average return.

Disclaimer: 13Foresight compiles analyst ratings and price targets from publicly available sources. Performance metrics, rankings and star ratings shown here are calculated independently by 13Foresight from historical market prices and may differ from figures published elsewhere. This information may be incomplete, delayed or inaccurate, is provided for research and informational purposes only, and is not investment advice. The underlying ratings and opinions are those of the respective analysts and their firms; 13Foresight accepts no liability for any decisions made based on this data.