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Chorus Aviation (TSE:CHR) target bumped up to $9.00, released a ratings update earlier today by Canaccord Genuity

Canaccord Genuity upped the price target of Chorus Aviation (TSE:CHR) to $9.00 indicating a possible upside of 0.22%.

Previously on Monday May 15, 2017, Scotia Capital reported about Chorus Aviation (TSE:CHR) raised the target price from $8.00 to $8.50 that suggested an upside of 0.13%.

Boasting a price of $7.39, Chorus Aviation (TSE:CHR) traded 0.46% higher on the day. With the last stock price close down 12.87% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Chorus Aviation has recorded a 50-day average of $8.43 and a two hundred day average of $7.80. Volume of trade was down over the average, with 253,163 shares of CHR changing hands under the typical 266,471

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Chorus Aviation (TSE:CHR)

Chorus Aviation has price-earnings ratio of 11.00 with a 52 week low of $6.00 and a 52 week high of $8.84 and has a total market value of $0.

A total of 7 analysts have released a research note on the company. 1 brokerage rating the stock a strong buy, four brokerages rating the company a buy, two brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $5.65.

Brief Synopsis On Chorus Aviation (TSE:CHR)

Chorus Aviation Inc is a Canada-based holding company, which holds various aviation interests. It operates through businesses, such as Jazz Aviation LP (Jazz), Voyageur Aviation Corp. (Voyageur) and Chorus Aviation Capital Corp. (CACC). Jazz operates through three divisions: Air Canada Express, through which Jazz provides service using the Air Canada Express brand throughout North America; Jazz Technical Services (JTS) provides maintenance, repair and overhaul (MRO) services to third parties, and Jazz division, which offers charters throughout North America with a fleet of three Bombardier aircraft and also offers airline operators services, such as ground handling, dispatching, flight load planning, training and consulting. Its Voyageur provides services to customers throughout the international and Canadian regional aviation markets. Voyageur Aviation provides support services to other companies, including administrative support services, commercial services and materials management.

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