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

Chorus Aviation Inc. (TSE:CHR) has been assigned an average rating of “Moderate Buy” from the nine analysts that are presently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$3.45.

A number of research firms recently weighed in on CHR. CIBC increased their price target on Chorus Aviation from C$3.25 to C$3.80 in a research note on Friday, November 8th. Royal Bank of Canada dropped their price target on Chorus Aviation from C$3.50 to C$3.25 and set an “outperform” rating on the stock in a research note on Friday, August 16th. Canaccord Genuity Group increased their price target 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. BMO Capital Markets increased their price objective on Chorus Aviation from C$3.00 to C$3.75 in a research report on Friday. Finally, National Bankshares increased their price objective on Chorus Aviation from C$3.65 to C$3.85 in a research report on Thursday, August 15th.

Chorus Aviation Stock Up 1.5 %

CHR opened at C$3.38 on Monday. Chorus Aviation has a 1-year low of C$1.99 and a 1-year high of C$3.43. The stock’s fifty day simple moving average is C$3.04 and its 200 day simple moving average is C$2.67. The company has a current ratio of 1.45, a quick ratio of 0.53 and a debt-to-equity ratio of 60.07. The stock has a market cap of C$645.95 million, a PE ratio of 14.70, a price-to-earnings-growth 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.