Cargojet (TSE:CJT) Price Target Raised to C$120.00

Cargojet (TSE:CJT) had its price objective increased by Stifel Nicolaus from C$100.00 to C$120.00 in a research report released on Thursday,BayStreet.CA reports. They currently have a buy rating on the stock.

A number of other equities research analysts have also recently issued reports on the stock. Canadian Imperial Bank of Commerce boosted their target price on shares of Cargojet from C$106.00 to C$116.00 in a report on Thursday. Desjardins lifted their price target on Cargojet from C$117.00 to C$118.00 and gave the company a “buy” rating in a research report on Friday, December 12th. Scotiabank boosted their price objective on Cargojet from C$115.00 to C$118.00 and gave the company an “outperform” rating in a research note on Thursday. Raymond James Financial increased their price objective on Cargojet from C$95.00 to C$120.00 and gave the stock an “outperform” rating in a report on Friday, January 23rd. Finally, TD Securities cut their target price on Cargojet from C$160.00 to C$120.00 and set a “buy” rating for the company in a research note on Thursday, November 6th. Nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Cargojet has a consensus rating of “Moderate Buy” and an average target price of C$125.45.

Cargojet Price Performance

Shares of TSE:CJT opened at C$95.42 on Thursday. The firm has a market capitalization of C$1.44 billion, a PE ratio of 12.12 and a beta of 0.82. 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 company has a 50-day moving average price of C$91.57 and a two-hundred day moving average price of C$88.84. Cargojet has a twelve month low of C$65.60 and a twelve month high of C$113.89.

Cargojet (TSE:CJT) last posted its quarterly earnings results on Tuesday, February 24th. The company reported C$1.47 earnings per share (EPS) for the quarter. The company had revenue of C$284.70 million for the quarter. Cargojet had a net margin of 0.25% and a return on equity of 0.31%. Equities analysts forecast that Cargojet will post 5.890933 EPS for the current year.

Cargojet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, January 5th. Shareholders of record on Monday, January 5th were issued a $0.35 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a $1.40 annualized dividend and a dividend yield of 1.5%. Cargojet’s dividend payout ratio (DPR) is presently 17.79%.

Key Headlines Impacting Cargojet

Here are the key news stories impacting Cargojet this week:

• Positive Sentiment: Desjardins raised its price target to C$126 (from C$117), implying roughly ~28% upside from the reference price cited in the filings. Article Title
• Positive Sentiment: Stifel Nicolaus bumped its target to C$120 (from C$100) and reiterated a “buy” rating, signaling stronger conviction among sell‑side analysts. Article Title TickerReport
• Positive Sentiment: Scotiabank raised its target to C$118 (from C$115) and kept an “outperform” rating — another endorsement of upside potential. Article Title
• Positive Sentiment: CIBC lifted its target to C$116 (from C$106), adding to the cluster of double‑digit upside targets from Canadian banks. Article Title
• Neutral Sentiment: Q4 2025 earnings call transcript is available for investors to review, providing the underlying operational and margin details that likely informed the analyst revisions. Review the transcript for management commentary on capacity, contract renewals, fuel and labor costs. Earnings Transcript
• Negative Sentiment: BMO Capital Markets raised its target modestly to C$94 (from C$90) but kept a “market perform” stance — its target sits below the reference price and signals more caution relative to peers, which can limit upside and weigh on sentiment. Article Title TickerReport

Cargojet Company Profile

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.