Chorus Aviation Inc. (TSE:CHR) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Chorus Aviation Inc. (TSE:CHR) have been assigned an average recommendation of “Moderate Buy” from the nine research firms that are covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is C$3.45.

A number of equities analysts have weighed in on the company. TD Securities downgraded Chorus Aviation from a “buy” rating to a “hold” rating and set a C$3.50 price target for the company. in a research report on Friday, November 8th. National Bankshares upped their price target on Chorus Aviation from C$3.65 to C$3.85 in a research report on Thursday, August 15th. Canaccord Genuity Group upped their price target 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. CIBC upped their price target on Chorus Aviation from C$3.25 to C$3.80 in a research report on Friday, November 8th. Finally, BMO Capital Markets upped their price target on Chorus Aviation from C$3.00 to C$3.75 in a research report on Friday.

Chorus Aviation Price Performance

Shares of CHR opened at C$3.38 on Monday. The company has a debt-to-equity ratio of 60.07, a quick ratio of 0.53 and a current ratio of 1.45. The stock has a 50 day simple moving average of C$3.04 and a 200 day simple moving average of C$2.67. 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 PE ratio of 14.70, a P/E/G ratio of 0.65 and a beta of 2.14.

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.