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

Chorus Aviation (TSE:CHR) had its price target raised by CIBC from C$26.00 to C$28.00 in a research note issued to investors on Friday,BayStreet.CA reports.

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

Chorus Aviation Stock Up 1.6 %

Shares of CHR stock opened at C$19.56 on Friday. The company has a debt-to-equity ratio of 118.79, a quick ratio of 0.53 and a current ratio of 1.13. The firm’s 50-day moving average is C$5.91 and its 200-day moving average is C$3.95. The stock has a market cap of C$531.26 million, a price-to-earnings ratio of -32.29, a PEG ratio of 0.65 and a beta of 2.14. Chorus Aviation has a 52-week low of C$13.93 and a 52-week high of C$24.08.

About Chorus Aviation

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.