BMO Capital Markets Raises Chorus Aviation (TSE:CHR) Price Target to C$3.75

Chorus Aviation (TSE:CHR) had its price objective raised by investment analysts at BMO Capital Markets from C$3.00 to C$3.75 in a report released on Friday,BayStreet.CA reports. BMO Capital Markets’ price objective suggests a potential upside of 10.62% from the stock’s current price.

Several other equities research analysts have also weighed in on CHR. CIBC upped their target price on shares of Chorus Aviation from C$3.25 to C$3.80 in a report on Friday, November 8th. Royal Bank of Canada dropped their price target on Chorus Aviation from C$3.50 to C$3.25 and set an “outperform” rating for the company in a report on Friday, August 16th. Canaccord Genuity Group increased their target price on Chorus Aviation from C$2.50 to C$3.10 and gave the stock a “hold” rating in a report on Wednesday, October 23rd. TD Securities cut Chorus Aviation from a “buy” rating to a “hold” rating and set a C$3.50 price target for the company. in a report on Friday, November 8th. Finally, National Bankshares increased their price objective on shares of Chorus Aviation from C$3.65 to C$3.85 in a report on Thursday, August 15th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of C$3.45.

Chorus Aviation Stock Performance

Chorus Aviation stock traded up C$0.06 during trading hours on Friday, hitting C$3.39. The stock had a trading volume of 257,094 shares, compared to its average volume of 372,123. The company has a market cap of C$647.86 million, a PE ratio of 14.74, a price-to-earnings-growth ratio of 0.65 and a beta of 2.14. The company has a quick ratio of 0.53, a current ratio of 1.45 and a debt-to-equity ratio of 60.07. Chorus Aviation has a fifty-two week low of C$1.99 and a fifty-two week high of C$3.43. The company has a 50-day moving average of C$3.03 and a two-hundred day moving average of C$2.67.

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.