Shares of Chorus Aviation Inc. (OTCMKTS:CHRRF) shot up 0.2% on Tuesday . The company traded as high as $3.70 and last traded at $3.70. 818 shares traded hands during trading, a decline of 90% from the average session volume of 8,074 shares. The stock had previously closed at $3.69.
A number of research firms have weighed in on CHRRF. National Bank Financial began coverage on shares of Chorus Aviation in a report on Wednesday. They set a “sector perform” rating on the stock. Scotiabank raised their price objective on shares of Chorus Aviation from $4.75 to $5.00 and gave the stock a “sector perform” rating in a report on Wednesday. CIBC cut their price objective on shares of Chorus Aviation from $5.50 to $5.25 and set an “outperform” rating on the stock in a report on Monday, February 22nd. Finally, TD Securities cut their price objective on shares of Chorus Aviation from $6.00 to $5.50 and set a “buy” rating on the stock in a report on Wednesday. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Chorus Aviation has a consensus rating of “Buy” and an average price target of $5.06.
The business’s fifty day moving average price is $3.59 and its 200 day moving average price is $2.84.
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.
Featured Article: Backdoor Roth IRA
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.