Shares of Chorus Aviation Inc. (TSE:CHR – Get Free Report) have received a consensus rating of “Moderate Buy” from the eight research firms that are covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is C$3.19.
CHR has been the topic of a number of analyst reports. BMO Capital Markets decreased their target price on shares of Chorus Aviation from C$4.15 to C$3.00 in a research report on Monday, March 4th. CIBC lowered their price objective on shares of Chorus Aviation from C$4.25 to C$3.75 and set an “outperform” rating for the company in a research note on Monday, February 26th. Scotiabank lowered their price objective on shares of Chorus Aviation from C$3.30 to C$3.00 and set a “sector perform” rating for the company in a research note on Monday, February 26th. Deutsche Bank Aktiengesellschaft downgraded shares of Chorus Aviation from a “buy” rating to a “hold” rating and lowered their price objective for the company from C$3.15 to C$2.50 in a research note on Wednesday, February 28th. Finally, TD Securities lowered their price objective on shares of Chorus Aviation from C$5.00 to C$3.75 and set a “buy” rating for the company in a research note on Wednesday, February 28th.
Check Out Our Latest Stock Report on Chorus Aviation
Chorus Aviation Price Performance
Chorus Aviation (TSE:CHR – Get Free Report) last issued its earnings results on Thursday, February 22nd. The company reported C$0.05 EPS for the quarter, missing analysts’ consensus estimates of C$0.10 by C($0.05). The business had revenue of C$421.45 million during the quarter, compared to analysts’ expectations of C$430.00 million. Chorus Aviation had a return on equity of 8.33% and a net margin of 6.03%. Research analysts anticipate that Chorus Aviation will post 0.2410714 earnings per share for the current year.
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.
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