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

Chorus Aviation Inc. (TSE:CHR) has received a consensus rating of “Moderate Buy” from the eight analysts that are covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is C$3.45.

A number of equities research analysts have issued reports on the company. Canaccord Genuity Group boosted their price target on 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. BMO Capital Markets boosted their target price on shares of Chorus Aviation from C$3.00 to C$3.75 in a research report on Friday, November 29th. TD Securities downgraded shares of Chorus Aviation from a “buy” rating to a “hold” rating and set a C$3.50 price target on the stock. in a research report on Friday, November 8th. Finally, CIBC lifted their price target on shares of Chorus Aviation from C$3.25 to C$3.80 in a research note on Friday, November 8th.

Chorus Aviation Stock Performance

Shares of CHR opened at C$19.69 on Friday. The firm has a market capitalization of C$3.76 billion, a P/E ratio of 85.61, a PEG ratio of 0.65 and a beta of 2.14. The company has a debt-to-equity ratio of 60.07, a current ratio of 1.45 and a quick ratio of 0.53. Chorus Aviation has a one year low of C$13.93 and a one year high of C$24.08. The business has a fifty day moving average of C$3.01 and a 200 day moving average of C$2.91.

About Chorus Aviation

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.