Chorus Aviation (TSE:CHR) Raised to Buy at TD Securities

TD Securities upgraded shares of Chorus Aviation (TSE:CHR) from a hold rating to a buy rating in a report published on Friday morning,BayStreet.CA reports. TD Securities currently has C$27.00 price objective on the stock, up from their previous price objective of C$25.00.

CHR has been the subject of several other research reports. BMO Capital Markets raised their price target on Chorus Aviation from C$3.00 to C$3.75 in a report on Friday, November 29th. CIBC raised their price target on Chorus Aviation from C$3.25 to C$3.80 in a report on Friday, November 8th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, Chorus Aviation has an average rating of “Moderate Buy” and an average target price of C$8.75.

Chorus Aviation Trading Up 1.6 %

Shares of Chorus Aviation stock opened at C$19.56 on Friday. The business has a fifty day simple moving average of C$6.24 and a two-hundred day simple moving average of C$4.08. Chorus Aviation has a 1 year low of C$13.93 and a 1 year high of C$24.08. The company has a market capitalization of C$531.26 million, a price-to-earnings ratio of -32.29, a P/E/G ratio of 0.65 and a beta of 2.14. The company has a debt-to-equity ratio of 118.79, a current ratio of 1.13 and a quick ratio of 0.53.

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.