Chorus Aviation Inc (TSE:CHR) Director Joseph D. Randell Sells 100,000 Shares

Chorus Aviation Inc (TSE:CHR) Director Joseph D. Randell sold 100,000 shares of Chorus Aviation stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of C$8.08, for a total transaction of C$808,000.00.

Chorus Aviation Inc (TSE CHR) opened at 8.15 on Friday. Chorus Aviation Inc has a 12 month low of $5.92 and a 12 month high of $8.28. The firm’s 50-day moving average is $8.14 and its 200-day moving average is $7.69. The firm has a market cap of $1.00 billion and a PE ratio of 10.19.

The company also recently disclosed a monthly dividend, which was paid on Thursday, August 17th. Investors of record on Monday, July 31st were given a $0.04 dividend. The ex-dividend date was Thursday, July 27th. This represents a $0.48 dividend on an annualized basis and a yield of 5.89%.

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A number of analysts recently commented on CHR shares. Canaccord Genuity boosted their price objective on shares of Chorus Aviation from C$9.00 to C$9.25 in a report on Friday, August 11th. Scotiabank boosted their price objective on shares of Chorus Aviation from C$8.00 to C$8.50 and gave the stock an “outperform” rating in a report on Monday, May 15th. National Bank Financial boosted their price objective on shares of Chorus Aviation from C$8.00 to C$8.50 and gave the stock a “sector perform” rating in a report on Friday, August 11th. TD Securities boosted their price objective on shares of Chorus Aviation from C$8.50 to C$9.50 and gave the stock a “buy” rating in a report on Friday, August 11th. Finally, Royal Bank Of Canada lifted their target price on shares of Chorus Aviation from C$8.00 to C$8.50 and gave the stock an “outperform” rating in a research report on Friday, August 11th. Six investment analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus price target of C$9.08.

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.

Insider Buying and Selling by Quarter for Chorus Aviation (TSE:CHR)

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