Chorus Aviation (TSE:CHR) Price Target Raised to C$32.00

Chorus Aviation (TSE:CHR) had its price target hoisted by BMO Capital Markets from C$28.00 to C$32.00 in a research note issued to investors on Thursday morning,BayStreet.CA reports. BMO Capital Markets currently has an outperform rating on the stock.

Several other research firms have also weighed in on CHR. Stifel Nicolaus lifted their target price on Chorus Aviation from C$32.00 to C$33.00 and gave the stock a “buy” rating in a report on Thursday. TD increased their price target on Chorus Aviation from C$32.00 to C$33.00 and gave the stock a “buy” rating in a report on Tuesday, July 28th. Royal Bank Of Canada raised their price target on Chorus Aviation from C$35.00 to C$39.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, Scotia lifted their price objective on Chorus Aviation from C$31.00 to C$33.50 and gave the company a “sector outperform” rating in a report on Thursday. Eight investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Chorus Aviation presently has a consensus rating of “Buy” and a consensus price target of C$32.39.

Chorus Aviation Trading Up 2.1%

Shares of TSE CHR opened at C$28.65 on Thursday. The company’s fifty day moving average is C$24.69 and its 200-day moving average is C$23.59. The stock has a market cap of C$658.43 million, a price-to-earnings ratio of 11.02, a P/E/G ratio of 0.65 and a beta of 1.77. Chorus Aviation has a twelve month low of C$19.56 and a twelve month high of C$28.65. The company has a quick ratio of 0.53, a current ratio of 0.97 and a debt-to-equity ratio of 60.84.

Chorus Aviation (TSE:CHR) last released its quarterly earnings data on Tuesday, August 4th. The company reported C$0.83 EPS for the quarter. Chorus Aviation had a net margin of 3.65% and a return on equity of 9.32%. The business had revenue of C$349.42 million during the quarter. Equities research analysts predict that Chorus Aviation will post 0.3 EPS for the current year.

Chorus Aviation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.11 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.44 annualized dividend and a dividend yield of 1.5%. Chorus Aviation’s dividend payout ratio is currently 10.38%.

Key Stories Impacting Chorus Aviation

Here are the key news stories impacting Chorus Aviation this week:

• Positive Sentiment: Broad-based analyst upgrades: BMO Capital Markets raised its target from C$28.00 to C$32.00 and assigned an “outperform” rating; RBC increased its target from C$35.00 to C$39.00; Scotia raised its target from C$31.00 to C$33.50 with a “sector outperform” rating; Stifel Nicolaus lifted its target from C$32.00 to C$33.00 with a “buy” rating; and TD increased its target from C$33.00 to C$34.00, also maintaining a “buy” rating. The new targets imply approximately 14% to 39% potential upside. BayStreet analyst ratings Ticker Report analyst rating
• Neutral Sentiment: Chorus Aviation’s Q2 2026 earnings-call transcript was published, giving investors additional detail on quarterly results, management commentary and the company’s outlook. The transcript itself does not indicate a new financial development beyond the previously reported earnings. Chorus Aviation Q2 2026 earnings call transcript

Chorus Aviation Company Profile

Chorus is a holding company which owns the following principal operating subsidiaries: Jazz Aviation, the largest regional operator in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation, a leading provider of specialty charter, aircraft modifications, parts provisioning and in-service support services; Cygnet Aviation Academy, an industry leading accredited training academy preparing pilots for direct entry into airlines; and Elisen & Associates, a leading provider of aerospace engineering and certification services.