Cargojet (TSE:CJT) PT Set at C$132.00 by Raymond James Financial

Cargojet (TSE:CJT) received a C$132.00 price objective from investment analysts at Raymond James Financial in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Raymond James Financial’s price objective would indicate a potential upside of 28.11% from the company’s previous close. Raymond James Financial also issued estimates for Cargojet’s Q3 2025 earnings at $1.40 EPS, Q4 2025 earnings at $1.83 EPS, FY2025 earnings at $5.87 EPS and FY2026 earnings at $6.75 EPS.

CJT has been the subject of a number of other reports. TD Securities upped their price target on shares of Cargojet from C$150.00 to C$160.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Stifel Nicolaus increased their target price on shares of Cargojet from C$125.00 to C$130.00 and gave the company a “buy” rating in a research note on Monday, August 11th. ATB Capital cut their target price on shares of Cargojet from C$155.00 to C$145.00 and set an “outperform” rating for the company in a research note on Friday, August 8th. Stifel Canada raised shares of Cargojet to a “strong-buy” rating in a research note on Wednesday, June 11th. Finally, Scotiabank increased their target price on shares of Cargojet from C$138.00 to C$140.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of C$146.77.

Cargojet Trading Up 3.4%

Cargojet stock opened at C$103.04 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.56 and a debt-to-equity ratio of 98.69. The firm has a 50-day moving average price of C$101.74 and a two-hundred day moving average price of C$93.21. The firm has a market capitalization of C$1.55 billion, a price-to-earnings ratio of 11.42 and a beta of 1.26. Cargojet has a 52-week low of C$69.60 and a 52-week high of C$144.97.

About Cargojet

Cargojet Inc operates a domestic air cargo co-load network between sixteen major Canadian cities. The company provides dedicated aircraft to customers on an Aircraft, Crew, Maintenance and Insurance basis, operating between points in Canada, USA, Mexico and Europe. The company also operates scheduled international routes for multiple cargo customers between the USA and Bermuda, between Canada, UK and Germany; and between Canada and Mexico.