Chorus Aviation Inc. (TSE:CHR) Receives C$3.45 Average Price Target from Brokerages

Shares of Chorus Aviation Inc. (TSE:CHR) have earned an average recommendation of “Moderate Buy” from the eight research firms that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is C$5.84.

A number of research firms have issued reports on CHR. BMO Capital Markets upped their target price on shares of Chorus Aviation from C$3.00 to C$3.75 in a report on Friday, November 29th. CIBC increased their price target on shares of Chorus Aviation from C$3.25 to C$3.80 in a research note on Friday, November 8th. Canaccord Genuity Group boosted their price objective on shares of Chorus Aviation from C$2.50 to C$3.10 and gave the company a “hold” rating in a research note on Wednesday, October 23rd. Finally, TD Securities lifted their target price on shares of Chorus Aviation from C$24.00 to C$25.00 and gave the company a “hold” rating in a report on Tuesday.

Chorus Aviation Price Performance

Chorus Aviation stock opened at C$19.36 on Friday. The firm has a market capitalization of C$3.70 billion, a PE ratio of 84.17, a P/E/G ratio of 0.65 and a beta of 2.14. The company has a quick ratio of 0.53, a current ratio of 1.45 and a debt-to-equity ratio of 60.07. The firm’s 50-day simple moving average is C$3.65 and its 200 day simple moving average is C$3.14. Chorus Aviation has a 52 week low of C$13.93 and a 52 week high of C$24.08.

Chorus Aviation Company Profile

Chorus Aviation Inc, through its subsidiaries, provides aviation solutions. It operates through Regional Aviation Services and Regional Aircraft Leasing segments. The Regional Aviation Services segment provides contract flying services, charter services, and specialized contract flying, such as medical, logistical, and humanitarian flights; aircraft leasing; and maintenance, repair and overhaul services, and part sales and technical services, as well as pilot training services.