Shares of Chorus Aviation Inc. (TSE:CHR – Get Free Report) have earned an average recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$3.19.
Several analysts recently weighed in on the company. CIBC lowered their price objective on Chorus Aviation from C$4.25 to C$3.75 and set an “outperform” rating for the company in a report on Monday, February 26th. BMO Capital Markets lowered their price objective on Chorus Aviation from C$4.15 to C$3.00 in a report on Monday, March 4th. TD Securities lowered their price objective on Chorus Aviation from C$5.00 to C$3.75 and set a “buy” rating for the company in a report on Wednesday, February 28th. Deutsche Bank Aktiengesellschaft lowered Chorus Aviation from a “buy” rating to a “hold” rating and lowered their price objective for the company from C$3.15 to C$2.50 in a report on Wednesday, February 28th. Finally, Royal Bank of Canada set a C$3.50 target price on Chorus Aviation and gave the company an “outperform” rating in a report on Thursday, April 4th.
View Our Latest Analysis on CHR
Chorus Aviation Trading Down 5.6 %
Chorus Aviation (TSE:CHR – Get Free Report) last announced its quarterly earnings data on Thursday, February 22nd. The company reported C$0.05 earnings per share for the quarter, missing the consensus estimate of C$0.10 by C($0.05). The firm had revenue of C$421.45 million during the quarter, compared to the consensus estimate of C$430.00 million. Chorus Aviation had a net margin of 6.03% and a return on equity of 8.33%. As a group, sell-side analysts predict that Chorus Aviation will post 0.2410714 earnings per share for the current fiscal year.
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.
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