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

Chorus Aviation Inc. (TSE:CHRGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$9.53.

Several equities research analysts recently issued reports on the stock. BMO Capital Markets lifted their price target on shares of Chorus Aviation from C$3.00 to C$3.75 in a report on Friday, November 29th. TD Securities upgraded shares of Chorus Aviation from a “hold” rating to a “buy” rating and raised their target price for the company from C$25.00 to C$27.00 in a research report on Friday, February 21st. Finally, CIBC boosted their target price on shares of Chorus Aviation from C$26.00 to C$28.00 in a research note on Friday, February 21st.

Check Out Our Latest Report on Chorus Aviation

Chorus Aviation Stock Performance

Chorus Aviation stock opened at C$20.77 on Wednesday. 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 stock has a market cap of C$564.12 million, a PE ratio of -34.29, a P/E/G ratio of 0.65 and a beta of 2.14. Chorus Aviation has a 12-month low of C$13.93 and a 12-month high of C$24.08. The business’s 50-day moving average price is C$8.66 and its two-hundred day moving average price is C$4.92.

Insider Transactions at Chorus Aviation

In related news, Senior Officer Colin Copp purchased 4,980 shares of the firm’s stock in a transaction dated Thursday, February 27th. The stock was bought at an average price of C$20.12 per share, with a total value of C$100,197.60. 13.83% of the stock is owned by company insiders.

About Chorus Aviation

(Get Free Report

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.

Further Reading

Analyst Recommendations for Chorus Aviation (TSE:CHR)

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