Chorus Aviation (TSE:CHR) Given New C$25.00 Price Target at TD Securities

Chorus Aviation (TSE:CHR) had its target price boosted by research analysts at TD Securities from C$24.00 to C$25.00 in a note issued to investors on Tuesday,BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD Securities’ price target points to a potential upside of 26.33% from the company’s previous close.

CHR has been the topic of a number of other research reports. Canaccord Genuity Group raised their price objective on shares of Chorus Aviation from C$2.50 to C$3.10 and gave the stock a “hold” rating in a report on Wednesday, October 23rd. BMO Capital Markets lifted their price target on shares of Chorus Aviation from C$3.00 to C$3.75 in a report on Friday, November 29th. Finally, CIBC lifted their price target on shares of Chorus Aviation from C$3.25 to C$3.80 in a report on Friday, November 8th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of C$5.84.

Chorus Aviation Stock Performance

Shares of CHR traded up C$0.10 on Tuesday, reaching C$19.79. The company’s stock had a trading volume of 39,787 shares, compared to its average volume of 57,565. The company has a debt-to-equity ratio of 60.07, a current ratio of 1.45 and a quick ratio of 0.53. The stock has a market capitalization of C$3.78 billion, a P/E ratio of 86.04, a PEG ratio of 0.65 and a beta of 2.14. The stock’s 50 day simple moving average is C$3.01 and its two-hundred day simple moving average is C$2.91. Chorus Aviation has a 12-month low of C$13.93 and a 12-month high of C$24.08.

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.