Analyst Activity – Royal Bank of Canada Raises Its Price Target On Cargojet (TSE:CJT) to C$56.00

Analyst Ratings For Cargojet (TSE:CJT)

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Today, Royal Bank of Canada raised its price target on Cargojet (TSE:CJT) to C$56.00 per share.

There are 7 buy ratings on the stock.

The current consensus rating on Cargojet (TSE:CJT) is Buy (Score: 3.00) with a consensus target price of C$54.60 per share, a potential .

Some recent analyst ratings include

  • 11/8/2016-Beacon Securities Reiterated Rating of Buy.
  • 6/13/2016-Cantor Fitzgerald Reiterated Rating of Buy.

    About Cargojet (TSE:CJT)
    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. Within its overnight network, the Company also provides domestic air cargo services for a range of international airlines between points in Canada that connect such airlines’ gateways to Canada. The Company’s freighter aircraft fleet includes B767-200, B757-200, B757-200 and Challenger 601, among others.

    Recent Trading Activity for Cargojet (TSE:CJT)
    Shares of Cargojet closed the previous trading session at 45.38 down -1.40 -2.98% with 27,163 shares trading hands.

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