Chorus Aviation (TSE:CHR) Price Target Raised to C$25.00

Chorus Aviation (TSE:CHR) had its price objective boosted by TD Securities from C$24.00 to C$25.00 in a research report released on Tuesday,BayStreet.CA reports. TD Securities currently has a hold rating on the stock.

Several other equities analysts have also commented on the stock. CIBC increased their price objective on shares of Chorus Aviation from C$3.25 to C$3.80 in a research report on Friday, November 8th. Canaccord Genuity Group increased their price objective on shares of Chorus Aviation from C$2.50 to C$3.10 and gave the company a “hold” rating in a research report on Wednesday, October 23rd. Finally, BMO Capital Markets increased their price objective on shares of Chorus Aviation from C$3.00 to C$3.75 in a research report on Friday, November 29th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Chorus Aviation presently has an average rating of “Moderate Buy” and a consensus target price of C$5.84.

Chorus Aviation Price Performance

CHR stock opened at C$19.47 on Tuesday. Chorus Aviation has a 52 week low of C$13.93 and a 52 week high of C$24.08. The company has a quick ratio of 0.53, a current ratio of 1.13 and a debt-to-equity ratio of 118.79. The company has a fifty day simple moving average of C$3.97 and a two-hundred day simple moving average of C$3.25. The firm has a market capitalization of C$528.81 million, a P/E ratio of -32.14, a price-to-earnings-growth 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.