Chorus Aviation Inc. (TSE:CHR) Given Average Recommendation of “Moderate Buy” by Brokerages

Chorus Aviation Inc. (TSE:CHR) has been assigned a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$5.84.

CHR has been the subject of several recent analyst reports. BMO Capital Markets increased their price objective on Chorus Aviation from C$3.00 to C$3.75 in a report on Friday, November 29th. Canaccord Genuity Group raised their price target on Chorus Aviation from C$2.50 to C$3.10 and gave the company a “hold” rating in a report on Wednesday, October 23rd. TD Securities raised their price target on Chorus Aviation from C$24.00 to C$25.00 and gave the company a “hold” rating in a report on Tuesday. Finally, CIBC raised their price target on Chorus Aviation from C$3.25 to C$3.80 in a report on Friday, November 8th.

Chorus Aviation Trading Up 0.8 %

TSE CHR opened at C$19.62 on Friday. The company has a market cap of C$532.89 million, a PE ratio of -32.39, a PEG ratio of 0.65 and a beta of 2.14. The company has a current ratio of 1.13, a quick ratio of 0.53 and a debt-to-equity ratio of 118.79. Chorus Aviation has a 12 month low of C$13.93 and a 12 month high of C$24.08. The stock has a 50 day moving average of C$4.30 and a 200-day moving average of C$3.37.

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.