Chorus Aviation (TSE:CHR) Given New C$25.00 Price Target at TD Securities

Chorus Aviation (TSE:CHR) had its price target raised by stock analysts at TD Securities from C$24.00 to C$25.00 in a research note issued on Tuesday,BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock. TD Securities’ price objective would suggest a potential upside of 29.13% from the company’s current price.

A number of other analysts also recently commented on the stock. Canaccord Genuity Group boosted their target price on shares of Chorus Aviation from C$2.50 to C$3.10 and gave the stock a “hold” rating in a report on Wednesday, October 23rd. BMO Capital Markets upped their price target on Chorus Aviation from C$3.00 to C$3.75 in a report on Friday, November 29th. Finally, CIBC increased their price objective on Chorus Aviation from C$3.25 to C$3.80 in a research report on Friday, November 8th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$5.84.

Chorus Aviation Price Performance

TSE:CHR opened at C$19.36 on Tuesday. 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 business’s 50-day moving average price is C$3.65 and its 200 day moving average price is C$3.14. Chorus Aviation has a 52-week low of C$13.93 and a 52-week high of C$24.08. The firm has a market cap of C$3.70 billion, a P/E ratio of 84.17, 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.