Chorus Aviation (TSE:CHR – Get Free Report) had its target price raised by equities research analysts at National Bankshares from C$3.25 to C$3.65 in a research note issued to investors on Wednesday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price objective would indicate a potential upside of 31.29% from the stock’s previous close.
A number of other research analysts have also recently issued reports on CHR. Scotiabank lifted their price objective on shares of Chorus Aviation from C$3.00 to C$3.25 in a research note on Wednesday. CIBC upped their price objective on Chorus Aviation from C$3.25 to C$3.50 and gave the stock an “outperform” rating in a research report on Wednesday. TD Securities decreased their target price on Chorus Aviation from C$3.75 to C$3.50 and set a “buy” rating on the stock in a research report on Wednesday. Canaccord Genuity Group dropped their target price on shares of Chorus Aviation from C$2.60 to C$2.50 and set a “hold” rating for the company in a report on Wednesday, May 8th. Finally, Royal Bank of Canada set a C$3.50 price objective on shares of Chorus Aviation and gave the stock an “outperform” rating in a research report on Thursday, April 4th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$3.27.
Check Out Our Latest Analysis on Chorus Aviation
Chorus Aviation Stock Performance
Chorus Aviation (TSE:CHR – Get Free Report) last announced its earnings results on Monday, May 6th. The company reported C$0.06 EPS for the quarter, topping the consensus estimate of C$0.05 by C$0.01. The company had revenue of C$426.18 million for the quarter, compared to analysts’ expectations of C$416.00 million. Chorus Aviation had a net margin of 4.65% and a return on equity of 6.69%. As a group, research analysts predict that Chorus Aviation will post 0.2148438 earnings per share for the current year.
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.
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