Chorus Aviation (TSE:CHR) Price Target Raised to C$28.00

Chorus Aviation (TSE:CHR - Free Report) had its price objective upped by CIBC from C$26.00 to C$28.00 in a research note published on Friday,BayStreet.CA reports.

A number of other research analysts have also commented on the company. BMO Capital Markets increased their price objective on Chorus Aviation from C$3.00 to C$3.75 in a report on Friday, November 29th. TD Securities raised Chorus Aviation from a "hold" rating to a "buy" rating and upped their target price for the stock from C$25.00 to C$27.00 in a research report on Friday. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of C$8.75.

Chorus Aviation Stock Up 1.6 %

Chorus Aviation stock traded up C$0.32 during mid-day trading on Friday, hitting C$20.09. 72,021 shares of the company's stock were exchanged, compared to its average volume of 59,662. Chorus Aviation has a 1-year low of C$13.93 and a 1-year high of C$24.08. The stock has a 50 day moving average of C$6.57 and a two-hundred day moving average of C$4.19. 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 stock has a market cap of C$545.65 million, a P/E ratio of -33.17, a P/E/G ratio of 0.65 and a beta of 2.14.

Chorus Aviation Company Profile

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.