Chorus Aviation (OTCMKTS:CHRRF) Stock Price Up 0.7% – Here’s What Happened

Chorus Aviation Inc. (OTCMKTS:CHRRF)’s stock price rose 0.7% during trading on Wednesday . The stock traded as high as $20.41 and last traded at $20.41. 6,124 shares traded hands during mid-day trading, an increase of 50% from the average session volume of 4,085 shares. The stock had previously closed at $20.26.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. TD Securities restated a “buy” rating on shares of Chorus Aviation in a research note on Thursday, August 6th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Chorus Aviation in a research note on Thursday, August 6th. BMO Capital Markets reissued an “outperform” rating and issued a $32.00 price target on shares of Chorus Aviation in a report on Thursday, August 6th. Finally, Scotiabank restated an “outperform” rating on shares of Chorus Aviation in a research report on Thursday, August 6th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Chorus Aviation has an average rating of “Buy” and a consensus price target of $32.00.

Chorus Aviation Stock Up 0.7%

The company has a 50 day moving average of $19.48 and a 200-day moving average of $17.99.

About Chorus Aviation

Chorus Aviation Inc is a Canadian-based aviation services company that operates a diversified portfolio of regional airline, aircraft leasing and flight training businesses. The company’s principal airline subsidiary, Jazz Aviation LP, provides regional flight services under capacity purchase agreements with major North American carriers, operating a fleet of turboprop and regional jet aircraft across a network of domestic and cross-border routes.

In addition to its passenger services, Chorus Aviation maintains a charter and cargo division that supports ad hoc freight transport and special-mission operations.