Chorus Aviation (TSE:CHR) had its price objective boosted by CIBC from C$10.50 to C$11.00 in a report released on Thursday morning.

Other equities research analysts have also issued reports about the stock. Royal Bank of Canada decreased their price objective on shares of Chorus Aviation from C$11.00 to C$9.50 and set an outperform rating on the stock in a research report on Thursday, November 9th. Scotiabank boosted their price objective on shares of Chorus Aviation from C$10.00 to C$10.50 and gave the stock an outperform rating in a research report on Thursday, November 9th. Six investment analysts have rated the stock with a buy rating, The stock has an average rating of Buy and an average price target of C$9.96.

Shares of Chorus Aviation (CHR) opened at C$9.67 on Thursday. Chorus Aviation has a 1 year low of C$6.95 and a 1 year high of C$9.80. The company has a market cap of $1,210.00, a PE ratio of 7.67 and a beta of 0.71.

The business also recently disclosed a monthly dividend, which was paid on Monday, December 18th. Stockholders of record on Thursday, November 30th were paid a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.96%. The ex-dividend date of this dividend was Wednesday, November 29th. Chorus Aviation’s dividend payout ratio is currently 38.10%.

In other news, insider Scott Tapson sold 15,200 shares of the company’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of C$9.75, for a total transaction of C$148,200.00. Also, insider Colin Copp sold 24,100 shares of the company’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of C$9.80, for a total transaction of C$236,180.00. In the last ninety days, insiders have 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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