Chorus Aviation (CHR) Price Target Increased to C$11.00 by Analysts at CIBC

Chorus Aviation (TSE:CHR) had its price objective boosted by investment analysts at CIBC from C$10.50 to C$11.00 in a research note issued on Thursday. CIBC’s price objective points to a potential upside of 14.94% from the company’s previous close.

Several other equities research analysts also recently weighed in on the company. Scotiabank raised their price target on Chorus Aviation from C$10.00 to C$10.50 and gave the stock an “outperform” rating in a report on Thursday, November 9th. Royal Bank of Canada lowered their price target on Chorus Aviation from C$11.00 to C$9.50 and set an “outperform” rating for the company in a report on Thursday, November 9th. Six equities research analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and an average price target of C$9.96.

Shares of Chorus Aviation (TSE CHR) traded down C$0.03 during midday trading on Thursday, reaching C$9.57. The company’s stock had a trading volume of 272,012 shares, compared to its average volume of 226,117. The firm has a market capitalization of $1,200.00, a P/E ratio of 7.60 and a beta of 0.71. Chorus Aviation has a fifty-two week low of C$6.95 and a fifty-two week high of C$9.80.

In other news, insider Colin Copp sold 19,400 shares of the firm’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of C$9.80, for a total value of C$190,120.00. Also, Director Gary James Osborne sold 43,300 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of C$9.80, for a total value of C$424,340.00. Over the last 90 days, insiders sold 160,846 shares of company stock valued at $1,573,711.

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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 658 departures per weekday to 58 destinations in Canada, as well as 12 destinations in the United States.

Analyst Recommendations for Chorus Aviation (TSE:CHR)

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