Chorus Aviation Inc. (TSE:CHR – Get Free Report) has received an average recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is C$3.06.
A number of equities research analysts recently commented on the company. CIBC dropped their target price on Chorus Aviation from C$3.75 to C$3.25 and set an “outperform” rating on the stock in a research report on Wednesday, May 8th. Royal Bank of Canada set a C$3.50 price objective on shares of Chorus Aviation and gave the company an “outperform” rating in a report on Thursday, April 4th. Finally, Canaccord Genuity Group cut their price objective on shares of Chorus Aviation from C$2.60 to C$2.50 and set a “hold” rating on the stock in a research note on Wednesday, May 8th.
Check Out Our Latest Analysis on CHR
Chorus Aviation Price Performance
Chorus Aviation (TSE:CHR – Get Free Report) last posted its quarterly earnings results on Monday, May 6th. The company reported C$0.06 earnings per share for the quarter, beating the consensus estimate of C$0.05 by C$0.01. The business had revenue of C$426.18 million for the quarter, compared to the consensus estimate of C$416.00 million. Chorus Aviation had a return on equity of 6.69% and a net margin of 4.65%. As a group, equities research analysts forecast that Chorus Aviation will post 0.2148438 earnings per share for the current year.
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.
Read More
- Five stocks we like better than Chorus Aviation
- What is the Shanghai Stock Exchange Composite Index?
- Survey: Top 175 Fittest Retirement Locations in America
- How to Invest in the FAANG Stocks
- Kimberly-Clark Stock Dips and a Buying Opportunity Emerges
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Leading Gold Stock Shines With Q2 2024 Earnings Release
Receive News & Ratings for Chorus Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chorus Aviation and related companies with MarketBeat.com's FREE daily email newsletter.