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

Shares of Chorus Aviation Inc. (TSE:CHR) have been assigned an average rating of “Moderate Buy” from the eight analysts that are presently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is C$3.45.

CHR has been the subject of a number of recent analyst reports. TD Securities downgraded shares of Chorus Aviation from a “buy” rating to a “hold” rating and set a C$3.50 price target for the company. in a report on Friday, November 8th. BMO Capital Markets raised their target price on Chorus Aviation from C$3.00 to C$3.75 in a research note on Friday, November 29th. CIBC upped their price target on Chorus Aviation from C$3.25 to C$3.80 in a research note on Friday, November 8th. Finally, Canaccord Genuity Group raised their price objective on Chorus Aviation from C$2.50 to C$3.10 and gave the stock a “hold” rating in a research report on Wednesday, October 23rd.

Chorus Aviation Stock Down 0.4 %

Shares of TSE:CHR opened at C$2.80 on Tuesday. Chorus Aviation has a 52-week low of C$1.99 and a 52-week high of C$3.44. 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 has a fifty day moving average of C$3.14 and a two-hundred day moving average of C$2.87. The stock has a market cap of C$535.11 million, a P/E ratio of 12.17, a PEG ratio of 0.65 and a beta of 2.14.

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.