Chorus Aviation Inc. (TSE:CHR) Receives Consensus Rating of "Moderate Buy" from Analysts

Chorus Aviation Inc. (TSE:CHR - Get Free Report) has received an average recommendation of "Moderate Buy" from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is C$9.53.

A number of brokerages have commented on CHR. TD Securities upgraded shares of Chorus Aviation from a "hold" rating to a "buy" rating and boosted their price target for the company from C$25.00 to C$27.00 in a research note on Friday, February 21st. CIBC lifted their price objective on shares of Chorus Aviation from C$26.00 to C$28.00 in a report on Friday, February 21st.

Insider Activity at Chorus Aviation

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

Chorus Aviation Stock Up 0.3 %

Chorus Aviation stock traded up C$0.06 during mid-day trading on Friday, reaching C$19.00. The stock had a trading volume of 46,069 shares, compared to its average volume of 61,190. The company has a debt-to-equity ratio of 118.79, a quick ratio of 0.53 and a current ratio of 1.13. Chorus Aviation has a fifty-two week low of C$14.00 and a fifty-two week high of C$24.08. The stock's 50-day simple moving average is C$15.29 and its 200-day simple moving average is C$7.31. The firm has a market capitalization of C$516.05 million, a PE ratio of -31.37, a price-to-earnings-growth ratio of 0.65 and a beta of 2.14.

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About Chorus Aviation

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.