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Showing 1 to 15 of 205 entries
COMMENT
Offers growth, but is more of a cyclical.
Transportation & Environmental Services
BUY
Allan Tong’s Discover Picks Bay Street is sticking by Chorus. Analyst signals remain at four buys and two holds for CHR stock. The new $5.18 price target amounts to more than 10% upside. With flights expected to resume sometime this summer, this PT is reasonable. Chorus’ management has steered the company well through the Covid turbulence, so they deserve the benefit of the doubt going forward. However, there’s still no word on when the company will restore its dividend. Read 3 Hot Canadian Summer Stocks for our full analysis.
Transportation & Environmental Services
DON'T BUY
Airlines continue to struggle and will take much longer than some expect to recover. There are better opportunities in other sectors, like metals. Yes, people want to travel again, but he thinks it will be a long while before people can actually travel, especially for business.
Transportation & Environmental Services
HOLD

Has had it as a Top Pick in the past. Both their leasing business and Air Canada flights were very hard hit by the pandemic. Their collection rate for leases is at 60%. The Air Canada business gives them steady income though. Undervalued here. A riskier return to work play. 7x earnings, 7x EBITA. Scores well on value but price momentum has been bad until recent news of someone approaching them.

Transportation & Environmental Services
WATCH

They are in a tough situation with the pandemic. They don't own them at this time. They are in a partnership with Air Canada that provides a block amount of flight time, which was creating great certainty. The other side of their business is the leasing side, which was being looked at fueling growth. It will probably trade up and down with the prognosis of the aviation space.

Transportation & Environmental Services

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TOP PICK
Finally, a word about Canadian airlines. Chorus Aviation continues to post double-digit gains, soaring nearly 21% on April 8 alone. That said, the regional flyer with a long-term contract with Air Canada plunged 73% between the Feb. 19 peak and the March 23 trough, so it was a little oversold and it is now making it lost ground. (It recently suspended its dividend, like so many income stocks.) CHR is still less than half of its $8.45 peak.
Transportation & Environmental Services
WEAK BUY

They're not exposed to oil prices or currencies. They have a take-or-pay contract with Air Canada, who pay CHR whether AC uses them or not. CHR is Jazz Airlines, an AC regional offset. The dividend is sustainable, above 8%. Input costs won't change much. This stock has sold off, the baby with the bathwater. CHR is like a bond on the health of AC. Their contract runs to 2035.

Transportation & Environmental Services
STRONG BUY
Three main businesses: Jazz operator, regional leasing, and charter business. Good capital generating businesses. There's been a lot of carnage recently, but understand what the value of the company will be next year. Beaten up, so it's a great buy here.
Transportation & Environmental Services
HOLD

If coronavirus affects Air Canada, it might affect them to some extent, but not significantly. Dividend is OK. Yield is 6.2%. (Analysts’ price target is $9.38)

Transportation & Environmental Services
DON'T BUY

He trimmed at $8. They extended their Air Canada contract, but took a cut from total income they'd receive, thus reducing cash flow from that contract every year. That's the trade-off. CHR is offsetting that lost revenue with an aircraft leasing business which is a little riskier. Not his first choice in putting new new money.

Transportation & Environmental Services
BUY

One of his largest holdings. They fly Air Canada's regional routes, a deal signed through 2035 and have ratified the pilot agreement. Pays a good 6% yield with a stable free cash flow. Also, they lease regional planes internationally, which adds to growth. They can grow, and they have capital behind the company. Really likes the story. If the coronavirus does pressure this stock, then buy the dip.

Transportation & Environmental Services
BUY
He likes it. It is a pretty stable business and pays an attractive dividend. They have been growing their leasing business aggressively. There is stability to their cash flow.
Transportation & Environmental Services
HOLD
It's been stuck around $8 but has built a good base at $7. Decent chart. No reason to sell it, but it has to rise above $8 for him to consider it.
Transportation & Environmental Services
PAST TOP PICK

(A Top Pick Feb 14/19, Up 25%) A bond on Air Canada in essence as this is Jazz airlines. They have a contract with their pilots until 2035. They do not have fuel sensitivity or for currency. ROE is 20%. There is room for the dividend to grow. Yield 6%

Transportation & Environmental Services
HOLD

It has a very solid contract with Air Canada but they are facing a price decrease this year. They hope to replace it with air craft leasing. He is waiting to see how it works out and in the mean time you are getting a pretty solid dividend.

Transportation & Environmental Services
Showing 1 to 15 of 205 entries

Chorus Aviation Inc(CHR-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 3

Stockchase rating for Chorus Aviation Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Chorus Aviation Inc(CHR-T) Frequently Asked Questions

What is Chorus Aviation Inc stock symbol?

Chorus Aviation Inc is a Canadian stock, trading under the symbol CHR-T on the Toronto Stock Exchange (CHR-CT). It is usually referred to as TSX:CHR or CHR-T

Is Chorus Aviation Inc a buy or a sell?

In the last year, 3 stock analysts published opinions about CHR-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Chorus Aviation Inc.

Is Chorus Aviation Inc a good investment or a top pick?

Chorus Aviation Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Chorus Aviation Inc.

Why is Chorus Aviation Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Chorus Aviation Inc worth watching?

3 stock analysts on Stockchase covered Chorus Aviation Inc In the last year. It is a trending stock that is worth watching.

What is Chorus Aviation Inc stock price?

On 2021-09-24, Chorus Aviation Inc (CHR-T) stock closed at a price of $3.77.