A Wall Street analyst has provided a review for the Services company yesterday, but retained the same rating on the stock. Canaccord Genuity’s analyst Doug Taylor reiterates their Buy rating on the shares of Chorus Aviation (CHR), with a C$8.75 price target.
According to TipRanks.com, Taylor is ranked #2035 out of 5203 analysts.
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Chorus Aviation has an analyst consensus of Strong Buy, with a price target consensus of C$9.45, which is a 20.2% upside from current levels. In a report issued on February 20, Paradigm also maintained a Buy rating on the stock with a C$10 price target.
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Based on Chorus Aviation’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of C$43.72 million. In comparison, last year the company had a net profit of C$19.74 million.
Chorus Aviation, Inc. is a holding company, which provides aviation services. It offers ground handling, airline training, operational start-up assistance, consultancy and operational support services through its subsidiary, Jazz Aviation LP. Chorus Aviation was founded on September 27, 2010 and is headquartered in Toronto, Canada.
The company’s shares closed on Tuesday at C$7.86.
