Chorus Aviation (TSE:CHR) Given New C$3.25 Price Target at TD Securities

Chorus Aviation (TSE:CHR) had its price target cut by TD Securities from C$3.50 to C$3.25 in a research note released on Monday morning, BayStreet.CA reports.

Several other equities analysts have also recently weighed in on CHR. Cormark raised shares of Chorus Aviation from a market perform rating to a buy rating and raised their price target for the stock from C$2.50 to C$4.05 in a research note on Wednesday, July 31st. Royal Bank of Canada lowered their price target on shares of Chorus Aviation from C$3.50 to C$3.25 and set an outperform rating on the stock in a research note on Friday, August 16th. Scotiabank boosted their price target on shares of Chorus Aviation from C$3.00 to C$3.25 in a research report on Wednesday, July 31st. National Bankshares raised their price objective on Chorus Aviation from C$3.65 to C$3.85 in a report on Thursday, August 15th. Finally, Canaccord Genuity Group dropped their target price on Chorus Aviation from C$2.60 to C$2.50 and set a hold rating on the stock in a report on Wednesday, May 8th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, Chorus Aviation presently has an average rating of Moderate Buy and an average target price of C$3.21.

Chorus Aviation Stock Down 2.3 %

TSE:CHR opened at C$2.53 on Monday. The stock has a 50-day simple moving average of C$2.52 and a 200 day simple moving average of C$2.30. Chorus Aviation has a 52-week low of C$1.99 and a 52-week high of C$3.25. The company has a market cap of C$487.08 million, a PE ratio of 11.50, a PEG ratio of 0.65 and a beta of 2.14. The company has a debt-to-equity ratio of 124.08, a quick ratio of 0.53 and a current ratio of 0.67.

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.