RBC Capital Reaffirms Their Buy Rating on Chorus Aviation (CHR)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 04 2024
0mins
Source: Business Insider
Analyst Ratings: RBC Capital's James McGarragle maintains a Buy rating on Chorus Aviation with a price target of C$3.25, while the analyst consensus suggests a Strong Buy with an average target of C$3.33, indicating potential upside from current levels.
Company Performance: Chorus Aviation reported quarterly revenue of C$426.18 million and a net profit of C$8.82 million for the quarter ending March 31, showing slight growth in revenue but a decrease in net profit compared to the previous year.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
