Analysts Set Chorus Aviation Inc. (TSE:CHR) Price Target at C$12.88

Shares of Chorus Aviation Inc. (TSE:CHR - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the six ratings firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$12.88.

A number of equities research analysts recently issued reports on the company. CIBC increased their price objective on Chorus Aviation from C$28.00 to C$29.00 and gave the stock an "outperform" rating in a research report on Thursday, May 8th. Royal Bank of Canada upped their target price on Chorus Aviation from C$25.00 to C$27.00 and gave the stock an "outperform" rating in a research note on Thursday, May 8th. Finally, TD Securities lifted their price target on Chorus Aviation from C$27.00 to C$29.00 and gave the company a "buy" rating in a research report on Thursday, May 8th.

Insider Activity at Chorus Aviation

In other news, Senior Officer Colin Copp bought 4,980 shares of the company's stock in a transaction that occurred on Thursday, February 27th. The stock was bought at an average price of C$20.12 per share, for a total transaction of C$100,197.60. 13.83% of the stock is owned by insiders.

Chorus Aviation Price Performance

Shares of CHR traded down C$0.11 during midday trading on Monday, hitting C$20.11. 23,108 shares of the company traded hands, compared to its average volume of 51,277. Chorus Aviation has a one year low of C$14.63 and a one year high of C$24.08. The firm has a market cap of C$546.19 million, a P/E ratio of -33.20, a PEG 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 stock has a 50-day moving average of C$19.32 and a 200-day moving average of C$11.90.

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.