Joseph D. Randell Sells 26,600 Shares of Chorus Aviation Inc (TSE:CHR) Stock

Chorus Aviation Inc (TSE:CHR) Director Joseph D. Randell sold 26,600 shares of the firm’s stock in a transaction that occurred on Thursday, August 17th. The stock was sold at an average price of C$8.18, for a total value of C$217,588.00.

Shares of Chorus Aviation Inc (TSE:CHR) traded up 0.49% on Thursday, reaching $8.19. The company had a trading volume of 168,581 shares. 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 $8.13 and its 200 day moving average is $7.68. The firm has a market capitalization of $1.01 billion and a PE ratio of 10.24.

The business also recently disclosed a monthly dividend, which was paid on Thursday, August 17th. Stockholders of record on Monday, July 31st were paid a $0.04 dividend. This represents a $0.48 annualized dividend and a dividend yield of 5.86%. The ex-dividend date was Thursday, July 27th.

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A number of brokerages recently issued reports on CHR. Scotiabank decreased their price target on Chorus Aviation from C$10.00 to C$8.50 and set an “outperform” rating for the company in a research note on Tuesday, August 29th. National Bank Financial raised Chorus Aviation from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from C$8.50 to C$10.00 in a research report on Wednesday, August 23rd. Royal Bank Of Canada lifted their target price on Chorus Aviation from C$8.00 to C$8.50 and gave the company an “outperform” rating in a research report on Friday, August 11th. TD Securities lifted their target price on Chorus Aviation from C$8.50 to C$9.50 and gave the company a “buy” rating in a research report on Friday, August 11th. Finally, Canaccord Genuity lifted their target price on Chorus Aviation from C$9.00 to C$9.25 in a research report on Friday, August 11th. Six investment analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and a consensus price target of C$9.08.

About Chorus Aviation

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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