Chorus Aviation Inc. (TSE:CHR – Get Free Report) has earned a consensus rating of “Moderate Buy” from the nine brokerages that are covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is C$3.06.
A number of brokerages have issued reports on CHR. Royal Bank of Canada set a C$3.50 target price on Chorus Aviation and gave the company an “outperform” rating in a research report on Thursday, April 4th. CIBC cut their price target on shares of Chorus Aviation from C$3.75 to C$3.25 and set an “outperform” rating on the stock in a report on Wednesday, May 8th. Finally, Canaccord Genuity Group dropped their target price on shares of Chorus Aviation from C$2.60 to C$2.50 and set a “hold” rating for the company in a research report on Wednesday, May 8th.
Get Our Latest Analysis on CHR
Chorus Aviation Stock Performance
Chorus Aviation (TSE:CHR – Get Free Report) last announced its earnings results on Monday, May 6th. The company reported C$0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.05 by C$0.01. The business had revenue of C$426.18 million for the quarter, compared to analyst estimates of C$416.00 million. Chorus Aviation had a return on equity of 6.69% and a net margin of 4.65%. On average, research analysts forecast that Chorus Aviation will post 0.2148438 EPS for the current fiscal year.
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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