A number of other equities research analysts also recently issued reports on the stock. Royal Bank of Canada cut their target price on shares of Cargojet from C$311.00 to C$302.00 in a research report on Wednesday, March 30th. National Bank Financial lifted their price objective on Cargojet from C$201.00 to C$203.00 in a research report on Wednesday, February 16th. Canaccord Genuity Group upped their target price on Cargojet from C$240.00 to C$250.00 and gave the stock a buy rating in a research report on Wednesday, March 30th. Finally, TD Securities lifted their price target on Cargojet from C$210.00 to C$225.00 in a report on Tuesday. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of Buy and a consensus price target of $226.00.
OTCMKTS CGJTF opened at $121.33 on Tuesday. The company has a 50 day simple moving average of $130.93 and a 200-day simple moving average of $136.54. Cargojet has a 52-week low of $112.98 and a 52-week high of $180.00.
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.
- Get a free copy of the StockNews.com research report on Cargojet (CGJTF)
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