National Bankshares Raises Chorus Aviation (TSE:CHR) Price Target to C$3.85

Chorus Aviation (TSE:CHR) had its target price raised by National Bankshares from C$3.65 to C$3.85 in a report issued on Thursday morning, BayStreet.CA reports.

Several other analysts have also weighed in on CHR. Canaccord Genuity Group decreased their target price on shares of Chorus Aviation from C$2.60 to C$2.50 and set a hold rating on the stock in a research report on Wednesday, May 8th. Scotiabank lifted their price objective on Chorus Aviation from C$3.00 to C$3.25 in a report on Wednesday, July 31st. CIBC increased their target price on Chorus Aviation from C$3.25 to C$3.50 and gave the stock an outperform rating in a report on Wednesday, July 31st. TD Securities cut their target price on Chorus Aviation from C$3.75 to C$3.50 and set a buy rating for the company in a research report on Wednesday, July 31st. Finally, Cormark upgraded Chorus Aviation from a market perform rating to a buy rating and upped their price target for the company from C$2.50 to C$4.05 in a research report on Wednesday, July 31st. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and an average price target of C$3.24.

Chorus Aviation Price Performance

TSE CHR opened at C$2.56 on Thursday. Chorus Aviation has a twelve month low of C$1.99 and a twelve month high of C$3.25. The stock has a market cap of C$492.85 million, a PE ratio of 11.64, a PEG ratio of 0.65 and a beta of 2.14. The firm has a 50-day simple moving average of C$2.50 and a 200 day simple moving average of C$2.30. The company has a debt-to-equity ratio of 124.08, a quick ratio of 0.53 and a current ratio of 0.67.

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.