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

Chorus Aviation Inc. (TSE:CHR) has earned a consensus rating of “Moderate Buy” from the eight analysts that are presently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is C$3.45.

A number of research firms have recently weighed in on CHR. BMO Capital Markets upped their price target on shares of Chorus Aviation from C$3.00 to C$3.75 in a research note on Friday, November 29th. CIBC upped their target price on Chorus Aviation from C$3.25 to C$3.80 in a research report on Friday, November 8th. TD Securities lowered Chorus Aviation from a “buy” rating to a “hold” rating and set a C$3.50 price target for the company. in a report on Friday, November 8th. Finally, Canaccord Genuity Group increased their price objective on Chorus Aviation from C$2.50 to C$3.10 and gave the stock a “hold” rating in a report on Wednesday, October 23rd.

Chorus Aviation Stock Up 0.4 %

Chorus Aviation stock opened at C$2.81 on Tuesday. Chorus Aviation has a twelve month low of C$1.99 and a twelve month high of C$3.44. 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 firm has a market cap of C$537.02 million, a PE ratio of 12.22, a P/E/G ratio of 0.65 and a beta of 2.14. The firm’s 50 day moving average price is C$3.13 and its two-hundred day moving average price is C$2.88.

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.