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

Chorus Aviation (TSE:CHR) had its price objective raised by equities research analysts at National Bankshares from C$3.65 to C$3.85 in a research note issued to investors on Thursday, BayStreet.CA reports. National Bankshares’ target price would suggest a potential upside of 51.57% from the company’s current price.

Several other equities analysts have also recently issued reports on the company. CIBC boosted their price target on Chorus Aviation from C$3.25 to C$3.50 and gave the company an “outperform” rating in a research report on Wednesday, July 31st. TD Securities decreased their price target on Chorus Aviation from C$3.75 to C$3.50 and set a “buy” rating on the stock in a research note on Wednesday, July 31st. Scotiabank upped their price objective on Chorus Aviation from C$3.00 to C$3.25 in a report on Wednesday, July 31st. Cormark raised shares of Chorus Aviation from a “market perform” rating to a “buy” rating and increased their price target for the stock from C$2.50 to C$4.05 in a research report on Wednesday, July 31st. Finally, Canaccord Genuity Group reduced their price target 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. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, Chorus Aviation presently has an average rating of “Moderate Buy” and an average price target of C$3.27.

Chorus Aviation Stock Up 0.8 %

Chorus Aviation stock traded up C$0.02 during midday trading on Thursday, reaching C$2.54. The company’s stock had a trading volume of 134,620 shares, compared to its average volume of 395,997. The business has a 50-day simple moving average of C$2.49 and a 200-day simple moving average of C$2.30. The company has a quick ratio of 0.53, a current ratio of 0.67 and a debt-to-equity ratio of 124.08. Chorus Aviation has a fifty-two week low of C$1.99 and a fifty-two week high of C$3.25. The company has a market cap of C$489.00 million, a P/E ratio of 11.55, a P/E/G ratio of 0.65 and a beta of 2.14.

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.