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

Chorus Aviation Inc. (TSE:CHR) has earned an average recommendation of “Moderate Buy” from the nine analysts that are covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is C$3.37.

CHR has been the subject of a number of recent analyst reports. Royal Bank of Canada reduced their price objective on shares of Chorus Aviation from C$3.50 to C$3.25 and set an “outperform” rating for the company in a research report on Friday, August 16th. National Bankshares lifted their price target on shares of Chorus Aviation from C$3.65 to C$3.85 in a research report on Thursday, August 15th. 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 research report on Friday, November 8th. Scotiabank lifted their price target on shares of Chorus Aviation from C$3.00 to C$3.25 in a research report on Wednesday, July 31st. Finally, Canaccord Genuity Group lifted 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 research report on Wednesday, October 23rd.

Chorus Aviation Price Performance

Shares of CHR opened at C$3.33 on Monday. Chorus Aviation has a fifty-two week low of C$1.99 and a fifty-two week high of C$3.43. The company has a market capitalization of C$636.40 million, a price-to-earnings ratio of 14.48, a price-to-earnings-growth ratio of 0.65 and a beta of 2.14. The firm has a 50-day simple moving average of C$3.02 and a 200-day simple moving average of C$2.66. The company has a debt-to-equity ratio of 60.07, a quick ratio of 0.53 and a current ratio of 1.45.

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.