Chorus Aviation Inc. (TSE:CHR) Receives C$3.45 Consensus Target Price from Analysts

Chorus Aviation Inc. (TSE:CHR) has been assigned a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is C$3.45.

CHR has been the topic of a number of research reports. CIBC raised their target price on shares of Chorus Aviation from C$3.25 to C$3.80 in a research report on Friday, November 8th. Canaccord Genuity Group raised their target price on shares of Chorus Aviation from C$2.50 to C$3.10 and gave the stock a “hold” rating in a research report on Wednesday, October 23rd. TD Securities lowered shares of Chorus Aviation from a “buy” rating to a “hold” rating and set a C$3.50 target price on the stock. in a research report on Friday, November 8th. Finally, BMO Capital Markets raised their target price on shares of Chorus Aviation from C$3.00 to C$3.75 in a research report on Friday, November 29th.

Chorus Aviation Stock Down 2.1 %

CHR stock opened at C$2.81 on Tuesday. The company has a current ratio of 1.45, a quick ratio of 0.53 and a debt-to-equity ratio of 60.07. Chorus Aviation has a twelve month low of C$1.99 and a twelve month high of C$3.44. The company’s 50 day moving average is C$3.15 and its two-hundred day moving average is C$2.87. The stock has a market cap of C$537.02 million, a P/E ratio of 12.22, a PEG ratio of 0.65 and a beta of 2.14.

About Chorus Aviation

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.