Chorus Aviation (TSE:CHR) Given New C$3.50 Price Target at National Bank Financial

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Chorus Aviation (TSE:CHR) had its price objective hoisted by National Bank Financial from C$3.25 to C$3.50 in a report released on Monday morning, BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

Several other research analysts also recently commented on the stock. Royal Bank of Canada dropped their price objective on shares of Chorus Aviation from C$4.50 to C$4.00 and set an outperform rating for the company in a report on Monday. TD Securities increased their price objective on shares of Chorus Aviation from C$6.00 to C$6.50 and gave the company a buy rating in a report on Monday. Finally, Scotiabank raised shares of Chorus Aviation from an underperform rating to a sector perform rating in a report on Tuesday, May 19th.

CHR opened at C$2.56 on Monday. The firm has a 50-day simple moving average of C$2.56 and a two-hundred day simple moving average of C$3.78. Chorus Aviation has a 52 week low of C$1.80 and a 52 week high of C$8.45. The company has a market capitalization of $374.36 million and a PE ratio of 5.69. The company has a quick ratio of 0.78, a current ratio of 1.03 and a debt-to-equity ratio of 342.13.

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 694 departures per weekday to 60 destinations in Canada, as well as 18 destinations in the United States.

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