Chorus Aviation (CHR) Stock Forecast & Price Target

C$2.66

-0.05 (-1.85%)

(As of 09/6/2024 ET)

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Chorus Aviation - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 9 Analyst Ratings

Based on 9 Wall Street analysts who have issued ratings for Chorus Aviation in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 9 analysts, 3 have given a hold rating, and 6 have given a buy rating for CHR.

Consensus Price Target

C$3.21
20.72% Upside

High Forecast	C$4.05
Average Forecast	C$3.21
Low Forecast	C$2.50

According to the 9 analysts' twelve-month price targets for Chorus Aviation, the average price target is C$3.21. The highest price target for CHR is C$4.05, while the lowest price target for CHR is C$2.50. The average price target represents a forecasted upside of 20.72% from the current price of C$2.66.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$3.21	C$3.27	C$3.06	C$4.21
Forecasted Upside	20.72% Upside	33.35% Upside	38.64% Upside	36.95% Upside

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CHR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CHR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Chorus Aviation Stock vs. The Competition

Type	Chorus Aviation	Industrials Companies
Consensus Rating Score	2.67	2.60
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Neutral News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
8/19/2024	TD Securities 4 of 5 stars	Lower Target		C$3.50 ➝ C$3.25	+27.95%
8/16/2024	Royal Bank of Canada 4 of 5 stars	Lower Target	Outperform	C$3.50 ➝ C$3.25	+27.45%
8/15/2024	CIBC 3 of 5 stars	Lower Target		C$3.50 ➝ C$3.25	+27.95%
8/15/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$3.65 ➝ C$3.85	+51.57%
7/31/2024	Cormark Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Buy	C$2.50 ➝ C$4.05	+48.90%
7/31/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$3.00 ➝ C$3.25	+19.49%
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5/8/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold	C$2.60 ➝ C$2.50	+9.17%
3/4/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		C$4.15 ➝ C$3.00	+46.34%
2/28/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	C$3.15 ➝ C$2.50	+16.82%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:39 PM ET.

CHR Forecast - Frequently Asked Questions

What is Chorus Aviation's forecast for 2024?: According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Chorus Aviation is C$3.21, with a high forecast of C$4.05 and a low forecast of C$2.50.
Should I buy or sell Chorus Aviation stock right now?: 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chorus Aviation in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CHR shares.
Does Chorus Aviation's stock price have much upside?: According to analysts, Chorus Aviation's stock has a predicted upside of 29.57% based on their 12-month stock forecasts.
Has Chorus Aviation been upgraded by Wall Street analysts recently?: Over the previous 90 days, Chorus Aviation's stock had 1 upgrade by analysts.
What analysts cover Chorus Aviation?: Chorus Aviation has been rated by research analysts at CIBC, Cormark, National Bankshares, Royal Bank of Canada, Scotiabank, and TD Securities in the past 90 days.
Do Wall Street analysts like Chorus Aviation more than its competitors?: Analysts like Chorus Aviation more than other "industrials" companies. The consensus rating score for Chorus Aviation is 2.67 while the average consensus rating score for "industrials" companies is 2.60. Learn more on how CHR compares to other companies.