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

Chorus Aviation Inc. (TSE:CHR) has been assigned an average recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is C$3.45.

CHR has been the subject of a number of research reports. BMO Capital Markets boosted their target price on shares of Chorus Aviation from C$3.00 to C$3.75 in a research note on Friday, November 29th. TD Securities cut shares of Chorus Aviation from a “buy” rating to a “hold” rating and set a C$3.50 target price for the company. in a research note on Friday, November 8th. CIBC boosted their target price on shares of Chorus Aviation from C$3.25 to C$3.80 in a research note on Friday, November 8th. Finally, Canaccord Genuity Group upped 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.

Chorus Aviation Stock Up 0.3 %

CHR opened at C$2.94 on Friday. Chorus Aviation has a fifty-two week low of C$1.99 and a fifty-two week high of C$3.44. The company has a debt-to-equity ratio of 60.07, a quick ratio of 0.53 and a current ratio of 1.45. The company has a fifty day moving average of C$3.15 and a two-hundred day moving average of C$2.78. The stock has a market capitalization of C$561.86 million, a price-to-earnings ratio of 12.78, a PEG ratio of 0.65 and a beta of 2.14.

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.