Chorus Aviation Inc. (TSE:CHR) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Chorus Aviation Inc. (TSE:CHR) has earned a consensus rating of “Moderate Buy” from the eight ratings firms that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is C$3.45.

A number of equities research analysts have commented on the company. BMO Capital Markets upped their price target on Chorus Aviation from C$3.00 to C$3.75 in a research report on Friday, November 29th. CIBC upped their price target on Chorus Aviation from C$3.25 to C$3.80 in a research report on Friday, November 8th. TD Securities downgraded Chorus Aviation from a “buy” rating to a “hold” rating and set a C$3.50 price objective on the stock. in a research note on Friday, November 8th. Finally, Canaccord Genuity Group boosted their price objective on Chorus Aviation from C$2.50 to C$3.10 and gave the company a “hold” rating in a research note on Wednesday, October 23rd.

Chorus Aviation Trading Up 0.3 %

TSE CHR opened at C$2.94 on Tuesday. The business’s 50-day moving average price is C$3.16 and its two-hundred day moving average price is C$2.86. Chorus Aviation has a 12 month low of C$1.99 and a 12 month high of C$3.44. The firm has a market capitalization of C$561.86 million, a PE ratio of 12.78, a price-to-earnings-growth ratio of 0.65 and a beta of 2.14. The company has a current ratio of 1.45, a quick ratio of 0.53 and a debt-to-equity ratio of 60.07.

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.