Cargojet (TSE:CJT) Price Target Raised to C$126.00

Cargojet (TSE:CJT) had its price target lifted by Desjardins from C$117.00 to C$126.00 in a research note released on Thursday,BayStreet.CA reports.

A number of other research analysts have also recently issued reports on the company. TD Securities lowered their price objective 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. National Bank Financial lifted their price target on Cargojet from C$95.00 to C$108.00 and gave the stock an “outperform” rating in a research report on Friday, January 23rd. Canadian Imperial Bank of Commerce increased their price objective on shares of Cargojet from C$106.00 to C$116.00 in a research report on Thursday. Raymond James Financial raised their price objective on shares of Cargojet from C$95.00 to C$120.00 and gave the company an “outperform” rating in a research note on Friday, January 23rd. Finally, Scotiabank upped their target price on shares of Cargojet from C$115.00 to C$118.00 and gave the stock an “outperform” rating in a research note on Thursday. Nine equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Cargojet presently has a consensus rating of “Moderate Buy” and an average price target of C$125.45.

Cargojet Price Performance

Shares of CJT opened at C$95.42 on Thursday. Cargojet has a fifty-two week low of C$65.60 and a fifty-two week high of C$113.89. The firm’s 50-day simple moving average is C$91.57 and its two-hundred day simple moving average is C$88.84. The stock 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 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 firm had revenue of C$284.70 million during the quarter. Analysts anticipate that Cargojet will post 5.890933 earnings per share for the current fiscal year.

Cargojet Announces Dividend

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

Trending Headlines about 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

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.