Chorus Aviation Inc. (TSE:CHR) Receives C$30.88 Average Price Target from Analysts

by · The Cerbat Gem

Shares of Chorus Aviation Inc. (TSE:CHR – Get Free Report) have been assigned an average rating of “Buy” from the seven analysts that are covering the company, Marketbeat.com reports. Seven equities research analysts have rated the stock with a buy rating. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is C$30.88.

Separately, TD lifted their target price on shares of Chorus Aviation from C$31.00 to C$32.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th.

Read Our Latest Stock Report on CHR

Chorus Aviation Stock Down 0.8%

CHR stock opened at C$24.56 on Monday. The firm has a market cap of C$564.44 million, a PE ratio of 9.45, a P/E/G ratio of 0.65 and a beta of 1.77. The company has a debt-to-equity ratio of 76.81, a quick ratio of 0.53 and a current ratio of 1.38. The firm’s fifty day moving average is C$24.09 and its 200 day moving average is C$22.90. Chorus Aviation has a one year low of C$19.56 and a one year high of C$25.28.

Chorus Aviation (TSE:CHR – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported C$0.29 earnings per share (EPS) for the quarter. Chorus Aviation had a net margin of 5.16% and a return on equity of 12.73%. The business had revenue of C$325.42 million for the quarter. On average, research analysts forecast that Chorus Aviation will post 0.3 EPS for the current year.

Chorus Aviation Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th will be given a $0.11 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.44 annualized dividend and a dividend yield of 1.8%. Chorus Aviation’s dividend payout ratio (DPR) is 10.38%.

Chorus Aviation Company Profile

(Get Free Report)

Chorus is a holding company which owns the following principal operating subsidiaries: Jazz Aviation, the largest regional operator in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation, a leading provider of specialty charter, aircraft modifications, parts provisioning and in-service support services; Cygnet Aviation Academy, an industry leading accredited training academy preparing pilots for direct entry into airlines; and Elisen & Associates, a leading provider of aerospace engineering and certification services.

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