Chorus Aviation Inc. (TSE:CHR) Receives Average Rating of “Moderate Buy” from Brokerages

Chorus Aviation Inc. (TSE:CHRGet Free Report) has been given a consensus recommendation of “Moderate Buy” by the eight research firms that are presently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$3.45.

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

Get Our Latest Analysis on CHR

Chorus Aviation Stock Up 1.4 %

TSE CHR opened at C$3.00 on Friday. The stock has a 50 day moving average price of C$3.15 and a 200-day moving average price of C$2.78. Chorus Aviation has a one year low of C$1.99 and a one year 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 market capitalization of C$573.33 million, a P/E ratio of 13.04, a P/E/G ratio of 0.65 and a beta of 2.14.

About Chorus Aviation

(Get Free Report

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.

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Analyst Recommendations for Chorus Aviation (TSE:CHR)

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