Chorus Aviation Inc (TSE:CHR) has been assigned an average rating of “Buy” from the six research firms that are currently covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokers that have issued a report on the stock in the last year is C$9.08.

A number of brokerages recently issued reports on CHR. Canaccord Genuity lifted their price target on shares of Chorus Aviation from C$9.00 to C$9.25 in a research note on Friday, August 11th. National Bank Financial lifted their price target on shares of Chorus Aviation from C$8.00 to C$8.50 and gave the stock a “sector perform” rating in a research note on Friday, August 11th. Royal Bank Of Canada lifted their price target on shares of Chorus Aviation from C$8.00 to C$8.50 and gave the stock an “outperform” rating in a research note on Friday, August 11th. CIBC lifted their price target on shares of Chorus Aviation from C$8.25 to C$8.75 and gave the stock an “outperform” rating in a research note on Friday, August 11th. Finally, TD Securities lifted their price target on shares of Chorus Aviation from C$8.50 to C$9.50 and gave the stock a “buy” rating in a research note on Friday, August 11th.

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In other Chorus Aviation news, Director Joseph D. Randell sold 26,600 shares of Chorus Aviation stock in a transaction on Thursday, August 17th. The shares were sold at an average price of C$8.18, for a total value of C$217,588.00. Also, insider Colin Copp sold 97,600 shares of Chorus Aviation stock in a transaction on Monday, August 14th. The stock was sold at an average price of C$8.01, for a total transaction of C$781,776.00. In the last 90 days, insiders sold 946,900 shares of company stock valued at $7,727,440.

Shares of Chorus Aviation (TSE:CHR) traded down 1.42% on Friday, hitting $8.36. 1,072,998 shares of the stock traded hands. Chorus Aviation has a 12-month low of $6.00 and a 12-month high of $8.71. The firm has a market cap of $1.03 billion and a P/E ratio of 10.45. The firm’s 50-day moving average is $8.29 and its 200 day moving average is $7.75.

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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