▲ +69.59% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Cargojet in the last 3 months. The average price target is $236.67, with a high forecast of $315.00 and a low forecast of $190.00. The average price target represents a 69.59% upside from the last price of $139.55.
The current consensus among 7 investment analysts is to buy stock in Cargojet. This rating has held steady since June 2020, when it changed from a Hold consensus rating.
Cargojet Inc. provides time sensitive overnight air cargo services in Canada. Its air cargo business activities include operation of domestic overnight air cargo services between fourteen cities in North America; and provision of dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance (ACMI) basis operating between points in Canada, North and South America, and Europe. The company also operates scheduled international routes for various cargo customers between the United States and Bermuda; and between Canada and Germany. In addition, it offers specialty charter services for livestock shipments, military equipment movements, emergency relief supplies, and virtually large shipments across North America, Mexico, South America, the Caribbean, and Europe. Further, the company is involved in the crew planning, crew training, ground handling, and commercial airline cargo management businesses. As of February 10, 2021, it operated a fleet of 27 aircraft. The company was founded in 2005 and is headquartered in Mississauga, Canada. Cargojet Inc. is a subsidiary of Flagship International Marketing Limited.