Chorus Aviation (OTCMKTS:CHRRF) Shares Up 1.8% – Still a Buy?

Chorus Aviation Inc. (OTCMKTS:CHRRF) shares were up 1.8% on Tuesday . The company traded as high as $15.77 and last traded at $15.77. Approximately 1,037 shares changed hands during trading, a decline of 9% from the average daily volume of 1,140 shares. The stock had previously closed at $15.49.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on CHRRF shares. BMO Capital Markets restated an “outperform” rating on shares of Chorus Aviation in a research note on Monday, November 10th. Royal Bank Of Canada reissued an “outperform” rating on shares of Chorus Aviation in a report on Monday, November 10th. Finally, Scotiabank restated a “sector perform” rating on shares of Chorus Aviation in a research note on Monday, November 10th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Chorus Aviation Trading Up 1.8%

The business’s 50-day moving average is $15.63 and its 200-day moving average is $15.75.

Chorus Aviation Company Profile

Chorus Aviation Inc is a Canadian-based aviation services company that operates a diversified portfolio of regional airline, aircraft leasing and flight training businesses. The company’s principal airline subsidiary, Jazz Aviation LP, provides regional flight services under capacity purchase agreements with major North American carriers, operating a fleet of turboprop and regional jet aircraft across a network of domestic and cross-border routes.

In addition to its passenger services, Chorus Aviation maintains a charter and cargo division that supports ad hoc freight transport and special-mission operations.