▲ +29.28% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Chorus Aviation in the last 3 months. The average price target is C$5.42, with a high forecast of C$6.50 and a low forecast of C$4.75. The average price target represents a 29.28% upside from the last price of C$4.19.
The current consensus among 5 contributing investment analysts is to hold stock in Chorus Aviation. This rating has held steady since February 2020, when it changed from a Buy consensus rating.
Chorus Aviation Inc., through its subsidiaries, provides various aviation support services in the United States and Canada. The company operates through two segments, Regional Aviation Services and Regional Aircraft Leasing. The Regional Aviation Services segment includes all three sectors of the regional aviation, such as contract flying, including ACMI and charter operations; aircraft leasing; and maintenance, repair, and overhaul, as well as part sales and technical services. The Regional Aircraft Leasing segment provides aircraft leasing to third-party air operators. As of February 18, 2021, this segment's portfolio of leased aircraft consisted of 62 aircraft of which 49 aircraft were on lease to airline customers, such as 18 Dash 8-400s, 16 ATR72-600s, four CRJ1000s, four E190s, two E195s, and five A220-300s. The company was formerly known as Jazz Air Income Fund and changed its name to Chorus Aviation Inc. in January 2011. Chorus Aviation Inc. was incorporated in 2010 and is based in Dartmouth, Canada.