Chorus Aviation (TSE:CHR) PT Lowered to C$3.25 at TD Securities

Chorus Aviation (TSE:CHR) had its price objective dropped by equities research analysts at TD Securities from C$3.50 to C$3.25 in a research note issued on Monday, BayStreet.CA reports. TD Securities’ target price suggests a potential upside of 27.95% from the company’s current price.

Several other research firms have also commented on CHR. National Bankshares boosted their price objective on shares of Chorus Aviation from C$3.65 to C$3.85 in a research note on Thursday. CIBC dropped their price target on Chorus Aviation from C$3.50 to C$3.25 in a research report on Thursday. Canaccord Genuity Group reduced their price objective on 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. Scotiabank boosted their target price on Chorus Aviation from C$3.00 to C$3.25 in a report on Wednesday, July 31st. Finally, Cormark raised shares of Chorus Aviation from a “market perform” rating to a “buy” rating and increased their price objective 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’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$3.21.

Chorus Aviation Trading Down 0.8 %

Shares of Chorus Aviation stock traded down C$0.02 during midday trading on Monday, reaching C$2.54. 115,315 shares of the company’s stock traded hands, compared to its average volume of 393,493. The company has a debt-to-equity ratio of 124.08, a quick ratio of 0.53 and a current ratio of 0.67. The company has a market cap of C$489.00 million, a PE ratio of 11.55, a price-to-earnings-growth ratio of 0.65 and a beta of 2.14. The stock has a 50 day moving average of C$2.50 and a 200-day moving average of C$2.30. Chorus Aviation has a 12 month low of C$1.99 and a 12 month high of C$3.25.

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.