Other equities analysts have also recently issued reports about the company. Acumen Capital increased their target price on Cargojet from C$56.00 to C$60.00 in a research note on Tuesday, November 14th. Royal Bank of Canada increased their target price on Cargojet from C$57.00 to C$60.00 and gave the company an outperform rating in a research note on Tuesday, November 14th. Finally, National Bank Financial increased their target price on Cargojet from C$53.00 to C$55.00 and gave the company a sector perform rating in a research note on Tuesday, November 14th.
Cargojet (CJT) opened at C$58.94 on Thursday. The company has a market capitalization of $784.09, a P/E ratio of 61.40 and a beta of 1.42. Cargojet has a one year low of C$42.72 and a one year high of C$59.56.
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Cargojet Company Profile
Cargojet Inc is a provider of time sensitive overnight air cargo services. The Company’s cargo business comprises operating a domestic overnight air cargo co-load network between over 10 Canadian cities; providing aircraft to customers on an aircraft, crew, maintenance and insurance (ACMI) basis, operating between points in Canada, the United States and Europe; operating scheduled international routes for multiple cargo customers between the United States and Bermuda, and between Canada and Europe, and providing dedicated aircraft to customers on an adhoc charter basis operating between points in Canada, the United States and other international destinations.
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