Chorus Aviation (TSE:CHR – Free Report) had its price target upped by Canaccord Genuity Group from C$2.50 to C$3.10 in a report published on Wednesday, BayStreet.CA reports. The firm currently has a hold rating on the stock.
A number of other research analysts have also commented on the company. TD Securities upped their price target on Chorus Aviation from C$3.25 to C$3.50 and gave the stock a “buy” rating in a report on Thursday, October 17th. Scotiabank increased their price target on shares of Chorus Aviation from C$3.00 to C$3.25 in a report on Wednesday, July 31st. CIBC dropped their price objective on shares of Chorus Aviation from C$3.50 to C$3.25 in a report on Thursday, August 15th. Royal Bank of Canada reduced their target price on shares of Chorus Aviation from C$3.50 to C$3.25 and set an “outperform” rating for the company in a research note on Friday, August 16th. Finally, National Bankshares boosted their price target on Chorus Aviation from C$3.65 to C$3.85 in a research note on Thursday, August 15th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of C$3.31.
Get Our Latest Stock Analysis on Chorus Aviation
Chorus Aviation Stock Up 0.7 %
Chorus Aviation (TSE:CHR – Get Free Report) last announced its earnings results on Tuesday, August 13th. The company reported C$0.08 EPS for the quarter, topping the consensus estimate of C$0.06 by C$0.02. Chorus Aviation had a negative net margin of 6.95% and a positive return on equity of 7.10%. The firm had revenue of C$351.22 million for the quarter, compared to the consensus estimate of C$404.00 million. Equities analysts expect that Chorus Aviation will post 0.3 earnings per share for the current year.
Insider Buying and Selling at Chorus Aviation
In other Chorus Aviation news, Director David Levenson purchased 46,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The stock was purchased at an average cost of C$2.64 per share, with a total value of C$121,440.00. Company insiders own 13.83% of the company’s stock.
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.
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