Chorus Aviation Inc T.CHR

Alternate Symbol(s): CHRRF | T.CHR.DB.B | T.CHR.DB.C | T.CHR.DB.A

Industrials Airlines

Chorus Aviation Inc. is a global aviation solutions provider and asset manager, focused on regional aviation. The Company’s primary business activities include contract flying, managing aircraft on behalf of fund investors and other third-party aircraft investors and/or owners, as well as maintenance, repair and overhaul services and pilot training. The Company operates through Regional Aviation Services segment. The Company offers contracted flying services within North America and also provides medical, logistical and humanitarian flight operations to Canadian and international customers. Its subsidiaries include Jazz Aviation LP, a regional airline in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation Corp., a provider of specialty charter, aircraft modifications, parts provisioning and in-service support services, and Cygnet Aviation Academy, an accredited training academy preparing pilots for direct entry into airlines.

TSX:CHR - Post by User

Chorus Aviation Inc

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Comment by Zosimaon Nov 14, 2014 8:39am

337 Views

Post# 23128150

RE:Canaccord - now with a $2.75 target???

For what its worth, our friend at Canaccord is now at a $3.25 target. He raises the target every quarter, a few more and it will start to make sense.

RBC raised target to $6. They think the CPA renegotiation could happen in 2015, removing the uncertainty for CHR and driving share price higher.

The company also stated on the conference call that they are continuing to buy back stock. I think we could see it get back to its recent high of $4.87, with a further boost in 2015 on a renewed contract.

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