Chorus Aviation Inc T.CHR

RE:RE:RE:HERE WE GO!!!!!

[maplak]

flamingogold wrote: Make that 4 upgrades....

* RBC’s James McGarragle to $3.75 from $3.25 with an “outperform” rating.

 

“Chorus results came in above expectations this quarter. Key for us was the extension of six leases under the CPA with AC out to 2026, which were set to expire in 2025, thereby increasing out year estimates. Additionally, Voyageur put up another strong quarter of growth which we expect to continue in 2025 at solid margins. We see the company generating solid FCF (9-per-cent yield on our updated 2026E), with potential upside from M&A, organic growth in Voyageur, and further re-leasing of aircraft falling out of the CPA,” said Mr. McGarragle.

 

* National Bank’s Cameron Doerksen to $4 from $3.85 with an “outperform” rating.

 

* Scotia’s Konark Gupta to $3.40 from $3.25 with a “sector perform” rating.

 

* CIBC’s Kevin Chiang to $3.80 from $3.25 with an “outperformer” recommendation.

flamingogold wrote: Let's be fair, I also find 3 analyst price upgrades and 1 hold

National Bank’s Cameron Doerksen to $4 from $3.85 with an “outperform” rating.

Scotia’s Konark Gupta to $3.40 from $3.25 with a “sector perform” rating.

CIBC’s Kevin Chiang to $3.80 from $3.25 with an “outperformer” recommendation

3 upgrades

Canaccord maintains hold

maplak wrote:

That was my on going argument. The management team full of shiit. They never had have the straight answer. All bs. Now back to $ 2.85 ? 

Chorus Aviation Downgraded to Hold at TD 

 

MIDNIGHTTRADER - Updated 53 minutes ago 

08:02 AM EST, 11/08/2024 (MT Newswires) -- Chorus Aviation Inc. (CHR.TO) was downgraded to Hold from Buy at TD Securities on Friday.

Analyst Tim James maintained a target price of $3.50 on shares of the Canadian holding company, which owns regional airlines Jazz Aviation LP and Voyageur Airways.

"Downgrading due to share-price appreciation and return to target no longer meeting the threshold for a Buy," James said in a note to clients.

"Upside could come in the form of further monetization of assets/businesses," the analyst said.

"We believe the stock requires additional clarity on long-term EBITDA/cash flow potential of the CPA with Air Canada and/or predictability (for investors) in the Voyageur business to attract a higher valuation," James said. "This could evolve over the next 12 months, which biases our target multiple higher."

"In addition, we believe monetizing additional aircraft assets or business segments could lead to upside beyond our current target."

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: 

You are right the lowest one I posted early in the morning higher ones came later during the day but overall stock sold off as the market was coming back from lows. I tried to make a trade dumping the one of my CHR holdings with DBM which I already own in two accounts but it did not work. I was too slow. Trading over the phone. Did not lose , didn't gain. On Monday  will go back to Chorus. The problem is no more cash .I am not adding any more money cashing all dividends only playing stocks for stock. Still growing my monthly dividends but it is not easy without growth stocks plus not adding a new money and cashing dividends. Being retired besides renovating house I think the market is running my life again and I hate that.