Analysts Set Cargojet Inc. (OTCMKTS:CGJTF) Price Target at $203.57

Cargojet Inc. (OTCMKTS:CGJTFGet Rating) has received a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $203.57.

A number of equities research analysts have issued reports on the stock. Canaccord Genuity Group increased their target price on shares of Cargojet from C$200.00 to C$210.00 and gave the stock a “buy” rating in a research report on Thursday, July 28th. BMO Capital Markets downgraded shares of Cargojet from an “outperform” rating to a “market perform” rating and set a $165.00 price target on the stock. in a report on Thursday, June 16th. Royal Bank of Canada cut their price target on shares of Cargojet from C$302.00 to C$287.00 in a report on Thursday, July 28th. TD Securities raised their price target on shares of Cargojet from C$195.00 to C$200.00 in a report on Thursday, July 28th. Finally, National Bank Financial cut their price target on shares of Cargojet from C$185.00 to C$158.00 in a report on Friday, July 15th.

Cargojet Stock Performance

CGJTF stock opened at $91.14 on Friday. Cargojet has a 12-month low of $91.14 and a 12-month high of $180.00. The company has a 50 day moving average of $109.22 and a two-hundred day moving average of $116.22.

Cargojet Company Profile

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Cargojet Inc provides time sensitive overnight air cargo services in Canada. Its air cargo business activities include operation of domestic air cargo network services between fourteen cities in North America; and provision of dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance (ACMI) basis operating between points in Canada, North and South America, and Europe.

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Analyst Recommendations for Cargojet (OTCMKTS:CGJTF)

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