Chorus Aviation (TSE:CHR) had its price target raised by stock analysts at Scotiabank from C$10.50 to C$11.00 in a research report issued to clients and investors on Wednesday. The firm presently has an “outperform” rating on the stock. Scotiabank’s target price indicates a potential upside of 33.33% from the stock’s previous close.
Separately, CIBC upped their target price on Chorus Aviation from C$10.50 to C$11.00 in a research note on Thursday, January 4th. Six analysts have rated the stock with a buy rating, Chorus Aviation currently has an average rating of “Buy” and a consensus target price of C$10.04.
Shares of Chorus Aviation (TSE CHR) traded down C$0.13 during mid-day trading on Wednesday, hitting C$8.25. The stock had a trading volume of 768,690 shares, compared to its average volume of 470,124. The firm has a market cap of $1,040.00, a P/E ratio of 6.30 and a beta of 0.68. Chorus Aviation has a twelve month low of C$7.13 and a twelve month high of C$9.86.
About Chorus Aviation
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.
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