Chorus Aviation (TSE:CHR) Upgraded by TD Securities to “Buy” Rating

TD Securities upgraded shares of Chorus Aviation (TSE:CHR) from a hold rating to a buy rating in a research report report published on Friday,BayStreet.CA reports. TD Securities currently has C$27.00 price objective on the stock, up from their prior price objective of C$25.00.

A number of other equities research analysts also recently weighed in on the company. BMO Capital Markets lifted their target price on Chorus Aviation from C$3.00 to C$3.75 in a research report on Friday, November 29th. CIBC lifted their price objective on Chorus Aviation from C$3.25 to C$3.80 in a report on Friday, November 8th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$8.75.

Chorus Aviation Stock Up 1.6 %

CHR stock opened at C$19.56 on Friday. Chorus Aviation has a twelve month low of C$13.93 and a twelve month high of C$24.08. The company has a market cap of C$531.26 million, a PE ratio of -32.29, a price-to-earnings-growth ratio of 0.65 and a beta of 2.14. The business’s 50-day simple moving average is C$5.91 and its 200 day simple moving average is C$3.95. The company has a quick ratio of 0.53, a current ratio of 1.13 and a debt-to-equity ratio of 118.79.

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.