Scott Tapson Sells 15,200 Shares of Chorus Aviation Inc (CHR) Stock

Chorus Aviation Inc (TSE:CHR) insider Scott Tapson sold 15,200 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of C$9.75, for a total transaction of C$148,200.00.

Shares of Chorus Aviation Inc (TSE:CHR) traded up C$0.15 during trading on Thursday, hitting C$9.70. 1,044,560 shares of the company were exchanged, compared to its average volume of 310,047. Chorus Aviation Inc has a fifty-two week low of C$6.42 and a fifty-two week high of C$9.80.

The business also recently declared a monthly dividend, which will be paid on Monday, December 18th. Investors of record on Thursday, November 30th will be issued a $0.04 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.95%. The ex-dividend date of this dividend is Wednesday, November 29th. Chorus Aviation’s dividend payout ratio is currently 38.10%.

A number of analysts recently weighed in on CHR shares. CIBC raised their price target on shares of Chorus Aviation from C$8.75 to C$9.50 in a report on Friday, October 13th. Canaccord Genuity raised their price target on shares of Chorus Aviation from C$9.00 to C$9.25 in a report on Friday, August 11th. TD Securities raised their price target on shares of Chorus Aviation from C$8.50 to C$9.50 and gave the company a “buy” rating in a report on Friday, August 11th. Scotiabank raised their price target on shares of Chorus Aviation from C$10.00 to C$10.50 and gave the company an “outperform” rating in a report on Thursday, November 9th. Finally, Royal Bank Of Canada lowered their price target on shares of Chorus Aviation from C$11.00 to C$9.50 and set an “outperform” rating for the company in a report on Thursday, November 9th. Six analysts have rated the stock with a buy rating, Chorus Aviation currently has an average rating of “Buy” and a consensus price target of C$9.71.

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Chorus Aviation Company Profile

Chorus Aviation Inc, through its subsidiaries, engages in the airline business in Canada and the United States. It operates scheduled passenger service on behalf of Air Canada under the Air Canada Express brand name with approximately 658 departures per weekday to 58 destinations in Canada, as well as 12 destinations in the United States.

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