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Chorus Aviation (TSE:CHR.B) was downgraded by stock analysts at CIBC to an “underperform” rating in a report issued on Friday.

The company also recently announced a dividend, which is scheduled for Monday, August 18th. Shareholders of record on Thursday, July 31st will be paid a dividend of $0.0349 per share. The ex-dividend date of this dividend is Tuesday, July 29th.

Separately, analysts at RBC Capital raised their price target on shares of Chorus Aviation from C$4.50 to C$5.50 in a research note on Thursday, June 26th. They now have an “outperform” rating on the stock. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of C$4.33.

Chorus Aviation Inc (TSE:CHR), formerly Jazz Air Income Fund, is a Canada-based holding company.

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