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

Shares of Chorus Aviation Inc. (TSE:CHR) have earned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is C$5.84.

A number of research analysts recently commented on the company. TD Securities raised their price target on Chorus Aviation from C$24.00 to C$25.00 and gave the stock a “hold” rating in a research report on Tuesday. 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. Canaccord Genuity Group raised their price target 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. Finally, CIBC raised their price target on Chorus Aviation from C$3.25 to C$3.80 in a research report on Friday, November 8th.

Chorus Aviation Stock Up 0.8 %

CHR opened at C$19.62 on Friday. Chorus Aviation has a fifty-two week low of C$13.93 and a fifty-two week high of C$24.08. The company has a debt-to-equity ratio of 118.79, a quick ratio of 0.53 and a current ratio of 1.13. The company has a market capitalization of C$532.89 million, a P/E ratio of -32.39, a P/E/G ratio of 0.65 and a beta of 2.14. The stock has a fifty day moving average of C$4.30 and a 200-day moving average of C$3.37.

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.