Chorus Aviation Inc. (TSE:CHR) Receives C$3.73 Average PT from Brokerages

Shares of Chorus Aviation Inc. (TSE:CHRGet Free Report) have received a consensus rating of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is C$3.73.

CHR has been the topic of several analyst reports. TD Securities lifted their target price on Chorus Aviation from C$4.75 to C$5.00 and gave the company a “buy” rating in a research note on Friday, November 10th. Cormark lowered their target price on Chorus Aviation from C$4.00 to C$3.25 in a research note on Friday, November 10th. Scotiabank decreased their price target on Chorus Aviation from C$3.50 to C$3.30 and set a “sector perform” rating on the stock in a research note on Monday, January 22nd. BMO Capital Markets decreased their price target on Chorus Aviation from C$4.75 to C$4.15 and set an “outperform” rating on the stock in a research note on Friday, December 22nd. Finally, National Bankshares decreased their price target on Chorus Aviation from C$4.00 to C$3.50 and set an “outperform” rating on the stock in a research note on Tuesday, November 14th.

Check Out Our Latest Stock Report on CHR

Chorus Aviation Price Performance

Shares of TSE CHR opened at C$2.41 on Tuesday. The firm has a market capitalization of C$467.23 million, a PE ratio of 6.34, a price-to-earnings-growth ratio of 0.65 and a beta of 2.23. Chorus Aviation has a fifty-two week low of C$2.05 and a fifty-two week high of C$3.80. The stock’s 50-day simple moving average is C$2.44 and its 200-day simple moving average is C$2.49. The company has a debt-to-equity ratio of 139.21, a quick ratio of 0.53 and a current ratio of 0.76.

Chorus Aviation (TSE:CHRGet Free Report) last announced its earnings results on Wednesday, November 8th. The company reported C$0.06 earnings per share for the quarter, missing the consensus estimate of C$0.11 by C($0.05). Chorus Aviation had a net margin of 6.61% and a return on equity of 9.02%. The company had revenue of C$447.60 million during the quarter, compared to analysts’ expectations of C$403.03 million. As a group, equities research analysts forecast that Chorus Aviation will post 0.3699422 EPS for the current fiscal year.

About Chorus Aviation

(Get Free Report

Chorus Aviation Inc, through its subsidiaries, provides aviation solutions in the United States and Canada. 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.

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Analyst Recommendations for Chorus Aviation (TSE:CHR)

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