Chorus Aviation Inc. (TSE:CHR) Given Average Rating of “Buy” by Analysts

Shares of Chorus Aviation Inc. (TSE:CHRGet Rating) have received a consensus rating of “Buy” from the nine research firms that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a buy rating. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$4.88.

Several analysts have issued reports on CHR shares. Scotiabank lowered their price objective on shares of Chorus Aviation from C$5.75 to C$4.50 in a research report on Monday, August 8th. Royal Bank of Canada lowered their price objective on shares of Chorus Aviation from C$4.50 to C$4.00 in a research report on Monday, October 24th. CIBC lowered their price objective on shares of Chorus Aviation from C$4.75 to C$4.00 in a research report on Friday, October 7th. National Bankshares lowered their price objective on shares of Chorus Aviation from C$5.00 to C$4.80 and set an “outperform” rating for the company in a research report on Tuesday, November 15th. Finally, Cormark lowered their price objective on shares of Chorus Aviation from C$5.25 to C$4.75 in a research report on Friday, November 11th.

Chorus Aviation Stock Up 1.9 %

CHR opened at C$3.19 on Friday. The firm has a 50 day moving average price of C$2.64 and a 200 day moving average price of C$3.06. The company has a market cap of C$647.73 million and a PE ratio of 13.87. Chorus Aviation has a 1 year low of C$2.24 and a 1 year high of C$4.54. The company has a debt-to-equity ratio of 177.66, a quick ratio of 0.53 and a current ratio of 0.69.

Chorus Aviation Company Profile

(Get Rating)

Chorus Aviation Inc, through its subsidiaries, provides various aviation support services in the United States and Canada. The company operates through two segments, Regional Aviation Services and Regional Aircraft Leasing. The Regional Aviation Services segment includes all three sectors of the regional aviation, such as contract flying, including ACMI and charter operations; aircraft leasing; and maintenance, repair, and overhaul, as well as part sales and technical services.

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Analyst Recommendations for Chorus Aviation (TSE:CHR)

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