Shares of Chorus Aviation Inc. (TSE:CHR - Get Free Report) have received an average recommendation of "Moderate Buy" from the six ratings firms that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is C$12.88.
Several analysts have recently weighed in on the stock. Royal Bank of Canada lifted their target price on shares of Chorus Aviation from C$25.00 to C$27.00 and gave the company an "outperform" rating in a report on Thursday, May 8th. TD Securities lifted their price objective on Chorus Aviation from C$27.00 to C$29.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Finally, CIBC increased their target price on Chorus Aviation from C$28.00 to C$29.00 and gave the stock an "outperform" rating in a research note on Thursday, May 8th.
Get Our Latest Stock Analysis on Chorus Aviation
Chorus Aviation Stock Performance
TSE:CHR traded down C$0.39 during midday trading on Friday, reaching C$20.61. The stock had a trading volume of 36,821 shares, compared to its average volume of 49,288. The company has a quick ratio of 0.53, a current ratio of 1.13 and a debt-to-equity ratio of 118.79. The stock has a market cap of C$559.77 million, a P/E ratio of -34.02, a P/E/G ratio of 0.65 and a beta of 2.14. The firm has a fifty day simple moving average of C$19.59 and a two-hundred day simple moving average of C$13.54. Chorus Aviation has a 12-month low of C$14.63 and a 12-month high of C$24.08.
About Chorus Aviation
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Get Free ReportChorus 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.
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