Chorus Aviation Inc. (TSE:CHR) Receives C$12.25 Consensus Price Target from Analysts

Chorus Aviation Inc. (TSE:CHR - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the six research firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is C$12.25.

A number of brokerages have recently issued reports on CHR. Royal Bank of Canada dropped their price objective on shares of Chorus Aviation from C$28.00 to C$25.00 and set an "outperform" rating for the company in a research note on Wednesday, April 16th. TD Securities upgraded shares of Chorus Aviation from a "hold" rating to a "buy" rating and upped their price objective for the company from C$25.00 to C$27.00 in a research report on Friday, February 21st. Finally, CIBC lifted their price target on shares of Chorus Aviation from C$26.00 to C$28.00 in a research note on Friday, February 21st.

Insider Activity at Chorus Aviation

In related news, Senior Officer Colin Copp bought 4,980 shares of the business's stock in a transaction dated Thursday, February 27th. The shares were purchased 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 currently owned by insiders.

Chorus Aviation Trading Down 0.4 %

TSE CHR traded down C$0.07 on Thursday, hitting C$18.60. 59,610 shares of the company were exchanged, compared to its average volume of 56,387. Chorus Aviation has a twelve month low of C$14.63 and a twelve month high of C$24.08. The firm has a market capitalization of C$505.18 million, a P/E ratio of -30.71, a price-to-earnings-growth ratio of 0.65 and a beta of 2.14. The company has a debt-to-equity ratio of 118.79, a current ratio of 1.13 and a quick ratio of 0.53. The company's 50 day moving average price is C$19.59 and its 200-day moving average price is C$9.75.

Chorus Aviation Company Profile

Chorus is an aviation solutions provider to customers worldwide. Its operating subsidiaries are: Jazz Aviation, the largest regional operator in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation, a leading provider of specialty charter, aircraft modifications, parts provisioning and in-service support services; and Cygnet Aviation Academy, an industry leading accredited training academy preparing pilots for direct entry into airlines.