Analysts Set Chorus Aviation Inc. (TSE:CHR) PT at C$3.37

Chorus Aviation Inc. (TSE:CHR) has been assigned a consensus rating of “Moderate Buy” from the nine research firms that are presently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is C$3.45.

A number of equities analysts have issued reports on CHR shares. BMO Capital Markets raised their price target on shares of Chorus Aviation from C$3.00 to C$3.75 in a research report on Friday. CIBC raised their target price on shares of Chorus Aviation from C$3.25 to C$3.80 in a report on Friday, November 8th. Canaccord Genuity Group upped their price target on shares of Chorus Aviation from C$2.50 to C$3.10 and gave the company a “hold” rating in a report on Wednesday, October 23rd. TD Securities downgraded 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, National Bankshares boosted their price objective on Chorus Aviation from C$3.65 to C$3.85 in a report on Thursday, August 15th.

Chorus Aviation Trading Up 1.5 %

Shares of TSE:CHR opened at C$3.38 on Monday. The company has a quick ratio of 0.53, a current ratio of 1.45 and a debt-to-equity ratio of 60.07. Chorus Aviation has a 52-week low of C$1.99 and a 52-week high of C$3.43. The stock has a market cap of C$645.95 million, a price-to-earnings ratio of 14.70, a PEG ratio of 0.65 and a beta of 2.14. The business has a 50-day moving average price of C$3.04 and a 200-day moving average price of C$2.68.

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.