Chorus Aviation (TSE:CHR) PT Set at C$31.00 by Royal Bank Of Canada

Chorus Aviation (TSE:CHR) received a C$31.00 price objective from investment analysts at Royal Bank Of Canada in a research report issued on Tuesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 41.36% from the company’s previous close.

A number of other research analysts have also recently commented on CHR. TD Securities upped their target price on shares of Chorus Aviation from C$30.00 to C$31.00 in a research report on Monday, November 10th. BMO Capital Markets upped their price objective on shares of Chorus Aviation from C$26.25 to C$28.00 in a report on Monday, November 10th. CIBC lowered their price objective on shares of Chorus Aviation from C$33.00 to C$32.00 in a research report on Monday, November 10th. Finally, Scotiabank upped their price target on Chorus Aviation from C$23.50 to C$24.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 7th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$29.20.

Chorus Aviation Trading Up 2.3%

CHR opened at C$21.93 on Tuesday. The stock has a market capitalization of C$513.49 million, a PE ratio of -18.12, a P/E/G ratio of 0.65 and a beta of 1.56. Chorus Aviation has a one year low of C$17.62 and a one year high of C$24.31. The company has a debt-to-equity ratio of 118.79, a quick ratio of 0.53 and a current ratio of 1.13. The business’s 50 day moving average price is C$22.56 and its 200 day moving average price is C$21.58.

Chorus Aviation (TSE:CHR) last posted its earnings results on Thursday, November 6th. The company reported C$0.41 EPS for the quarter. Chorus Aviation had a negative return on equity of 11.70% and a negative net margin of 7.57%.The company had revenue of C$323.57 million for the quarter. As a group, equities research analysts expect that Chorus Aviation will post 0.3 EPS for the current year.

Chorus Aviation Company Profile

Chorus is an aviation solutions provider to customers worldwide. Its operating subsidiaries are: 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; and Cygnet Aviation Academy, an industry leading accredited training academy preparing pilots for direct entry into airlines.