National Bankshares Raises Target Price of Chorus Aviation (TSE:CHR) to C$4.65

Chorus Aviation (TSE: CHR) had its price target raised by National Bankshares research analysts from C$4.30 to C$4.65 in a research note released Friday to investors, BayStreet.CA reports. The brokerage currently has an “industry performance” rating on the stock. The National Bank share price target indicates an upside potential of 3.79% over the current share price.

A number of other research analysts have also recently commented on the company. Scotiabank upgraded Chorus Aviation from an “industry performance” rating to an “outperform” rating and raised its target price for the company from C$4.75 to C$6.00 in a report of research from Thursday, February 3. Canaccord Genuity Group raised its price target on Chorus Aviation from C$5.75 to C$6.00 in a report on Friday. CIBC raised its price target on Chorus Aviation from C$5.50 to C$6.00 and gave the company an “outperform” rating in a report released Friday. Cormark restated a “buy” rating and set a C$6.25 price target on Chorus Aviation shares in a Friday, November 12 report. Finally, TD Securities reduced its price target on Chorus Aviation from C$6.00 to C$5.50 and set a “buy” rating for the stock in a report released on Friday, December 17. Two investment analysts gave the stock a hold rating and six gave the company a buy rating. According to data from MarketBeat, the stock has a consensus buy rating and a consensus price target of C$5.52.

Shares of TSE CHR traded at C$0.14 midday Friday, hitting C$4.48. 945,543 shares of shares traded in hands, compared to its average volume of 590,414. The company has a leverage ratio of 305.77, a current ratio of 0.95 and a quick ratio of 0.74. The stock has a market capitalization of C$795.88 million and a PE ratio of -32.63. Chorus Aviation has a 1-year low of C$3.18 and a 1-year high of C$5.34. The company’s 50-day moving average is C$3.62 and its 200-day moving average is C$3.87.

(A d)

An 83% win rate and a guarantee that he beats it! Has this former CBOE trader lost his mind??

Watch this immediately.

Company Profile Chorus Aviation

Chorus Aviation Inc, through its subsidiaries, provides various aviation support services in the United States and Canada. The Company operates through two segments, Regional Aviation Services and Regional Aircraft Leasing. The Regional Aviation Services segment includes the three segments of regional aviation, such as contract flights, including ACMI and charter operations; aircraft leasing; and maintenance, repair and overhaul, as well as parts sales and technical services.

Read more

Analyst Recommendations for Chorus Aviation (TSE:CHR)

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in Chorus Aviation right now?

Before you consider Chorus Aviation, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes hold…and Chorus Aviation was not on the list.

Although Chorus Aviation currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here

Comments are closed.