Chorus Aviation (TSE:CHR – Free Report) had its target price decreased by Royal Bank of Canada from C$4.00 to C$3.75 in a report published on Tuesday morning, BayStreet.CA reports. Royal Bank of Canada currently has an outperform rating on the stock.
A number of other analysts also recently issued reports on the stock. TD Securities dropped their price objective on shares of Chorus Aviation from C$5.00 to C$4.75 and set a buy rating for the company in a report on Friday, May 5th. BMO Capital Markets dropped their price objective on shares of Chorus Aviation from C$5.35 to C$4.75 and set an outperform rating for the company in a report on Tuesday. Finally, CIBC decreased their target price on shares of Chorus Aviation from C$4.50 to C$4.00 and set an outperform rating on the stock in a research report on Tuesday. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of Moderate Buy and an average price target of C$4.21.
Check Out Our Latest Stock Analysis on CHR
Chorus Aviation Stock Up 0.4 %
Chorus Aviation (TSE:CHR – Get Free Report) last posted its quarterly earnings data on Monday, May 8th. The company reported C$0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.12 by C($0.01). Chorus Aviation had a return on equity of 6.12% and a net margin of 3.45%. The company had revenue of C$415.25 million for the quarter, compared to the consensus estimate of C$395.10 million. Analysts anticipate that Chorus Aviation will post 0.4058899 EPS for the current fiscal year.
About Chorus Aviation
Chorus Aviation Inc, through its subsidiaries, provides aviation solutions in the United States and Canada. It operates through Regional Aviation Services and Regional Aircraft Leasing segments. The Regional Aviation Services segment provides contract flying services, charter services, and specialized contract flying, such as medical, logistical, and humanitarian flights; aircraft leasing; and maintenance, repair and overhaul services, and part sales and technical services.
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