Chorus Aviation Inc. (TSE:CHR) Receives C$9.53 Average Price Target from Analysts

Shares of Chorus Aviation Inc. (TSE:CHR) have earned a consensus rating of “Moderate Buy” from the six analysts that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is C$9.53.

A number of equities research analysts recently issued reports on the stock. BMO Capital Markets lifted their price target on shares of Chorus Aviation from C$3.00 to C$3.75 in a research note on Friday, November 29th. TD Securities raised shares of Chorus Aviation from a “hold” rating to a “buy” rating and boosted their target price for the stock from C$25.00 to C$27.00 in a research note on Friday, February 21st. Finally, CIBC raised their price target on shares of Chorus Aviation from C$26.00 to C$28.00 in a research note on Friday, February 21st.

Chorus Aviation Stock Up 1.2 %

Shares of CHR opened at C$20.79 on Wednesday. The firm has a market cap of C$564.66 million, a P/E ratio of -34.32, a PEG ratio of 0.65 and a beta of 2.14. Chorus Aviation has a 12 month low of C$13.93 and a 12 month high of C$24.08. The stock’s 50 day moving average is C$9.71 and its two-hundred day moving average is C$5.30. The company has a current ratio of 1.13, a quick ratio of 0.53 and a debt-to-equity ratio of 118.79.

Insider Transactions at Chorus Aviation

In other Chorus Aviation news, Senior Officer Colin Copp bought 4,980 shares of the business’s stock in a transaction on Thursday, February 27th. The stock was bought at an average price of C$20.12 per share, with a total value of C$100,197.60. Insiders own 13.83% of the company’s stock.

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.