Brokerages Set Chorus Aviation Inc. (TSE:CHR) Target Price at C$9.53

Chorus Aviation Inc. (TSE:CHR) has received an average rating of “Moderate Buy” from the six analysts that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is C$9.53.

CHR has been the topic of a number of research reports. CIBC raised their price target on Chorus Aviation from C$26.00 to C$28.00 in a report on Friday, February 21st. TD Securities upgraded Chorus Aviation from a “hold” rating to a “buy” rating and lifted their target price for the company from C$25.00 to C$27.00 in a research note on Friday, February 21st.

Chorus Aviation Trading Up 0.8 %

Shares of Chorus Aviation stock opened at C$19.40 on Friday. The company’s fifty day moving average is C$16.28 and its two-hundred day moving average is C$7.62. Chorus Aviation has a 1 year low of C$14.00 and a 1 year high of C$24.08. The company has a debt-to-equity ratio of 118.79, a quick ratio of 0.53 and a current ratio of 1.13. The company has a market capitalization of C$526.91 million, a P/E ratio of -32.03, a PEG ratio of 0.65 and a beta of 2.14.

Insider Transactions at Chorus Aviation

In related news, Senior Officer Colin Copp purchased 4,980 shares of the business’s stock in a transaction dated Thursday, February 27th. The stock was acquired at an average price of C$20.12 per share, for a total transaction of C$100,197.60. Company insiders own 13.83% of the company’s stock.

Chorus Aviation Company Profile

Chorus is an aviation solutions provider to customers worldwide. Its operating subsidiaries are: Jazz Aviation, the largest regional operator in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation, a leading provider of specialty charter, aircraft modifications, parts provisioning and in-service support services; and Cygnet Aviation Academy, an industry leading accredited training academy preparing pilots for direct entry into airlines.