Chorus Aviation (TSE:CHR) Price Target Raised to C$3.75

Chorus Aviation (TSE:CHR) had its price target boosted by BMO Capital Markets from C$3.00 to C$3.75 in a research note released on Friday morning,BayStreet.CA reports.

Other analysts also recently issued research reports about the company. Canaccord Genuity Group raised their price objective on 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 cut Chorus Aviation from a “buy” rating to a “hold” rating and set a C$3.50 target price for the company. in a research report on Friday, November 8th. National Bankshares lifted their price target on shares of Chorus Aviation from C$3.65 to C$3.85 in a research note on Thursday, August 15th. Royal Bank of Canada dropped their price objective on shares of Chorus Aviation from C$3.50 to C$3.25 and set an “outperform” rating for the company in a research note on Friday, August 16th. Finally, CIBC lifted their target price on shares of Chorus Aviation from C$3.25 to C$3.80 in a research report on Friday, November 8th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$3.45.

Chorus Aviation Stock Up 1.5 %

Shares of CHR opened at C$3.38 on Friday. Chorus Aviation has a 52 week low of C$1.99 and a 52 week high of C$3.43. The firm has a market capitalization of C$645.95 million, a P/E ratio of 14.70, a P/E/G ratio of 0.65 and a beta of 2.14. The company has a 50-day simple moving average of C$3.04 and a 200-day simple moving average of C$2.68. The company has a debt-to-equity ratio of 60.07, a quick ratio of 0.53 and a current ratio of 1.45.

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.