Cargojet (CJT) Price Target Increased to C$65.00 by Analysts at National Bank Financial
Several other equities research analysts have also weighed in on CJT. Royal Bank of Canada increased their price objective on shares of Cargojet from C$71.00 to C$74.00 and gave the stock an outperform rating in a research note on Tuesday. CIBC increased their price objective on shares of Cargojet from C$62.00 to C$74.00 in a research note on Tuesday. Finally, Acumen Capital increased their price objective on shares of Cargojet from C$56.00 to C$60.00 in a research note on Tuesday, November 14th.
Shares of Cargojet (TSE:CJT) opened at C$66.75 on Tuesday. The firm has a market cap of $892.40, a PE ratio of 69.53 and a beta of 1.38. Cargojet has a 12 month low of C$42.72 and a 12 month high of C$66.75.
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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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