Chorus Aviation Inc. (TSE:CHR) Receives C$4.88 Average Target Price from Brokerages

Shares of Chorus Aviation Inc. (TSE:CHRGet Rating) have been given a consensus recommendation of “Buy” by the nine analysts that are presently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a buy rating. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is C$4.88.

Several brokerages have commented on CHR. Scotiabank lowered their price objective on Chorus Aviation from C$5.75 to C$4.50 in a research report on Monday, August 8th. National Bankshares lowered their price target on 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. TD Securities lowered their price target on Chorus Aviation from C$5.50 to C$5.00 and set a “buy” rating for the company in a research report on Tuesday, September 6th. Royal Bank of Canada lowered their price target on Chorus Aviation from C$4.50 to C$4.00 in a research report on Monday, October 24th. Finally, Cormark lowered their price target on Chorus Aviation from C$5.25 to C$4.75 in a research report on Friday, November 11th.

Chorus Aviation Stock Performance

Shares of Chorus Aviation stock opened at C$3.08 on Friday. The company has a current ratio of 0.53, a quick ratio of 0.38 and a debt-to-equity ratio of 192.28. The firm has a market capitalization of C$625.40 million and a P/E ratio of 13.39. The business has a fifty day simple moving average of C$2.62 and a two-hundred day simple moving average of C$3.07. Chorus Aviation has a 12 month low of C$2.24 and a 12 month high of C$4.54.

About Chorus Aviation

(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.

See Also

Analyst Recommendations for Chorus Aviation (TSE:CHR)

Receive News & Ratings for Chorus Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chorus Aviation and related companies with MarketBeat.com's FREE daily email newsletter.