Cargojet (TSE:CJT) Price Target Raised to C$94.00

Cargojet (TSE:CJT) had its price objective raised by BMO Capital Markets from C$90.00 to C$94.00 in a research report released on Thursday morning,BayStreet.CA reports. The brokerage currently has a market perform rating on the stock.

Several other analysts have also recently issued reports on the stock. Canadian Imperial Bank of Commerce upped their target price on shares of Cargojet from C$106.00 to C$116.00 in a research report on Thursday. Scotiabank upped their price objective on Cargojet from C$115.00 to C$118.00 and gave the company an “outperform” rating in a research report on Thursday. Stifel Nicolaus raised their price objective on Cargojet from C$100.00 to C$120.00 and gave the company a “buy” rating in a research note on Thursday. TD Securities dropped their target price on Cargojet from C$160.00 to C$120.00 and set a “buy” rating for the company in a report on Thursday, November 6th. Finally, Raymond James Financial increased their price target on Cargojet from C$95.00 to C$120.00 and gave the company an “outperform” rating in a report on Friday, January 23rd. Nine research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Cargojet presently has an average rating of “Moderate Buy” and a consensus price target of C$125.45.

Cargojet Trading Down 2.8%

CJT stock opened at C$95.42 on Thursday. The firm has a fifty day moving average price of C$91.57 and a 200 day moving average price of C$88.84. Cargojet has a fifty-two week low of C$65.60 and a fifty-two week high of C$113.89. The firm has a market cap of C$1.44 billion, a PE ratio of 12.12 and a beta of 0.82. The company has a debt-to-equity ratio of 98.69, a quick ratio of 0.79 and a current ratio of 0.56.

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

Cargojet Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, January 5th. Stockholders of record on Monday, January 5th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, December 19th. Cargojet’s payout ratio is currently 17.79%.

Key Cargojet News

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.