Chorus Aviation Inc. (TSE:CHR) Receives C$9.53 Consensus PT from Brokerages

Chorus Aviation Inc. (TSE:CHR - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the six brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is C$9.53.

Several equities research analysts have recently weighed in on CHR shares. CIBC increased their price target on Chorus Aviation from C$26.00 to C$28.00 in a report on Friday, February 21st. TD Securities upgraded Chorus Aviation from a "hold" rating to a "buy" rating and raised their price objective for the stock from C$25.00 to C$27.00 in a report on Friday, February 21st. Finally, BMO Capital Markets raised their price objective on Chorus Aviation from C$3.00 to C$3.75 in a report on Friday, November 29th.

Chorus Aviation Trading Up 1.2 %

Shares of TSE CHR traded up C$0.25 during midday trading on Wednesday, hitting C$20.79. The company's stock had a trading volume of 42,507 shares, compared to its average volume of 64,468. The company has a current ratio of 1.13, a quick ratio of 0.53 and a debt-to-equity ratio of 118.79. The business's 50 day moving average is C$9.71 and its two-hundred day moving average is C$5.30. Chorus Aviation has a 12-month low of C$13.93 and a 12-month high of C$24.08. The firm has a market cap of C$564.66 million, a P/E ratio of -34.32, a price-to-earnings-growth ratio of 0.65 and a beta of 2.14.

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Insider Buying and Selling at Chorus Aviation

In related news, Senior Officer Colin Copp bought 4,980 shares of the company's stock in a transaction on Thursday, February 27th. The shares were acquired at an average price of C$20.12 per share, with a total value of C$100,197.60. Insiders own 13.83% of the company's stock.

About Chorus Aviation

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.