National Bank Financial Analysts Give Chorus Aviation (TSE:CHR) a C$9.00 Price Target

Chorus Aviation (TSE:CHR) received a C$9.00 price target from investment analysts at National Bank Financial in a research report issued to clients and investors on Monday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 14.21% from the company’s current price. National Bank Financial also issued estimates for Chorus Aviation’s Q4 2019 earnings at $0.19 EPS.

Several other brokerages also recently issued reports on CHR. CIBC lifted their price target on shares of Chorus Aviation from C$9.00 to C$10.00 in a report on Friday. Royal Bank of Canada lowered their price objective on shares of Chorus Aviation from C$9.50 to C$9.00 and set an “outperform” rating for the company in a research report on Wednesday, August 14th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of C$9.21.

Shares of CHR stock traded down C$0.28 on Monday, hitting C$7.88. The company had a trading volume of 491,666 shares, compared to its average volume of 341,579. The firm has a market cap of $1.30 billion and a P/E ratio of 10.08. The company has a 50-day moving average price of C$7.76 and a 200-day moving average price of C$7.67. The company has a quick ratio of 0.59, a current ratio of 0.77 and a debt-to-equity ratio of 269.58. Chorus Aviation has a twelve month low of C$4.54 and a twelve month high of C$8.30.

Chorus Aviation Company Profile

Chorus Aviation Inc, through its subsidiaries, engages in the airline business in Canada and the United States. It operates scheduled passenger service on behalf of Air Canada under the Air Canada Express brand name with approximately 694 departures per weekday to 60 destinations in Canada, as well as 18 destinations in the United States.

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Analyst Recommendations for Chorus Aviation (TSE:CHR)

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