Chorus Aviation Inc (TSE:CHR) Director Joseph D. Randell sold 100,000 shares of the stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of C$8.08, for a total transaction of C$808,000.00.
Shares of Chorus Aviation Inc (TSE CHR) opened at 8.23 on Friday. The company has a market cap of $1.01 billion and a P/E ratio of 10.29. The stock’s 50 day moving average is $8.00 and its 200 day moving average is $7.63. Chorus Aviation Inc has a 12 month low of $5.92 and a 12 month high of $8.26.
The firm also recently declared a monthly dividend, which was paid on Thursday, August 17th. Investors of record on Monday, July 31st were paid a $0.04 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 5.83%. The ex-dividend date of this dividend was Thursday, July 27th.
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Several equities research analysts have weighed in on CHR shares. Scotiabank increased 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 report on Monday, May 15th. Canaccord Genuity reiterated a “buy” rating and issued a C$9.00 target price on shares of Chorus Aviation in a report on Monday, June 5th. CIBC increased their target price on shares of Chorus Aviation from C$8.25 to C$8.75 and gave the stock an “outperform” rating in a report on Friday, August 11th. TD Securities increased their target price 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, National Bank Financial increased their target price 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. Six analysts have rated the stock with a buy rating, The stock has a consensus 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.
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