Cargojet (TSE:CJT) Price Target Raised to C$116.00

Cargojet (TSE:CJT) had its price target increased by Canadian Imperial Bank of Commerce from C$106.00 to C$116.00 in a research note issued to investors on Thursday,BayStreet.CA reports.

CJT has been the topic of a number of other reports. National Bank Financial boosted their price target on Cargojet from C$95.00 to C$108.00 and gave the company an “outperform” rating in a report on Friday, January 23rd. Stifel Nicolaus dropped their target price on Cargojet from C$120.00 to C$100.00 in a research report on Monday, November 10th. Royal Bank Of Canada cut their target price on Cargojet from C$151.00 to C$143.00 and set an “outperform” rating on the stock in a research note on Monday, December 22nd. Desjardins upped their price target on Cargojet from C$117.00 to C$118.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Finally, Raymond James Financial lifted their price objective on shares of Cargojet from C$95.00 to C$120.00 and gave the company an “outperform” rating in a report on Friday, January 23rd. Nine analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$125.45.

Cargojet Trading Down 2.8%

Shares of Cargojet stock opened at C$95.42 on Thursday. The stock has a market capitalization of C$1.44 billion, a P/E ratio of 12.12 and a beta of 0.82. Cargojet has a 12-month low of C$65.60 and a 12-month high of C$113.89. 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 simple moving average of C$91.57 and a 200 day simple moving average of C$88.84.

Cargojet (TSE:CJT) last issued its quarterly earnings data on Tuesday, February 24th. The company reported C$1.47 EPS for the quarter. The business 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%. Research analysts expect that Cargojet will post 5.890933 earnings per share for the current fiscal year.

Cargojet Announces Dividend

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

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.