Chorus Aviation (TSE:CHR) Upgraded by TD Securities to “Buy” Rating

TD Securities upgraded shares of Chorus Aviation (TSE:CHR) from a hold rating to a buy rating in a research report report published on Friday,BayStreet.CA reports. They currently have C$27.00 price target on the stock, up from their previous price target of C$25.00.

Several other research firms have also recently weighed in on CHR. BMO Capital Markets boosted their price objective on shares of Chorus Aviation from C$3.00 to C$3.75 in a research report on Friday, November 29th. CIBC boosted their price objective on shares of Chorus Aviation from C$3.25 to C$3.80 in a research report on Friday, November 8th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$8.75.

Chorus Aviation Stock Performance

TSE:CHR opened at C$19.56 on Friday. Chorus Aviation has a 1 year low of C$13.93 and a 1 year high of C$24.08. The firm has a 50 day moving average of C$5.91 and a 200-day moving average of C$3.95. The company has a current ratio of 1.13, a quick ratio of 0.53 and a debt-to-equity ratio of 118.79. The stock has a market capitalization of C$531.26 million, a P/E ratio of -32.29, 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.