• Consensus Rating: Buy
  • Consensus Price Target: C$187.00
  • Forecasted Upside: 51.86%
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
C$123.14
▲ +3.48 (2.91%)

This chart shows the closing price for CJT by one month, three months, or twelve months.

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Analyst Price Target for CJT

Analyst Price Target is C$187.00
▲ +51.86% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Cargojet in the last 3 months. The average price target is C$187.00, with a high forecast of C$247.00 and a low forecast of C$140.00. The average price target represents a 51.86% upside from the last price of C$123.14.

This chart shows the closing price for CJT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 8 investment analysts is to buy stock in Cargojet. This rating has held steady since March 2022, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
8/7/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
11/5/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
2/3/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
5/4/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
8/2/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
10/31/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/30/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/29/2023

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
1/24/2023National BanksharesLower TargetSector PerformC$158.00 ➝ C$147.00
1/23/2023ScotiabankLower TargetC$185.00 ➝ C$180.00
1/19/2023BMO Capital MarketsLower TargetC$150.00 ➝ C$140.00
1/18/2023CIBCLower TargetOutperformC$207.00 ➝ C$196.00
1/17/2023Royal Bank of CanadaLower TargetC$272.00 ➝ C$247.00
1/16/2023Acumen CapitalLower TargetC$220.00 ➝ C$200.00
1/13/2023ATB CapitalLower TargetC$200.00 ➝ C$185.00
12/2/2022BMO Capital MarketsLower TargetC$165.00 ➝ C$150.00
11/1/2022Royal Bank of CanadaLower TargetOutperformC$274.00 ➝ C$272.00
11/1/2022Canaccord Genuity GroupBoost TargetC$195.00 ➝ C$200.00
11/1/2022ScotiabankBoost TargetC$180.00 ➝ C$185.00
9/28/2022Royal Bank of CanadaLower TargetOutperformC$287.00 ➝ C$286.00
9/28/2022CIBCLower TargetC$210.00 ➝ C$203.00
9/28/2022CormarkLower TargetC$195.00 ➝ C$175.00
7/28/2022Royal Bank of CanadaLower TargetOutperformC$302.00 ➝ C$287.00
7/28/2022TD SecuritiesBoost TargetBuyC$195.00 ➝ C$200.00
7/28/2022ATB CapitalLower TargetC$230.00 ➝ C$200.00
7/28/2022CIBCBoost TargetC$207.00 ➝ C$210.00
7/28/2022ScotiabankBoost TargetC$190.00 ➝ C$200.00
7/15/2022National BanksharesLower TargetSector PerformC$185.00 ➝ C$158.00
6/16/2022BMO Capital MarketsDowngradeHoldC$165.00
5/3/2022TD SecuritiesBoost TargetBuyC$210.00 ➝ C$225.00
5/3/2022National BanksharesLower TargetSector PerformC$199.00 ➝ C$185.00
5/3/2022BMO Capital MarketsLower TargetC$220.00 ➝ C$200.00
5/3/2022CIBCLower TargetOutperformC$236.00 ➝ C$207.00
5/3/2022ScotiabankLower TargetC$215.00 ➝ C$197.00
5/3/2022ATB CapitalBoost TargetOutperformC$225.00 ➝ C$230.00
3/30/2022TD SecuritiesBoost TargetBuyC$210.00 ➝ C$230.00
3/30/2022Royal Bank of CanadaLower TargetOutperformC$311.00 ➝ C$302.00
3/30/2022CIBCBoost TargetOutperformC$217.00 ➝ C$236.00
3/30/2022ScotiabankBoost TargetC$195.00 ➝ C$215.00
3/8/2022National BanksharesLower TargetSector PerformC$203.00 ➝ C$199.00
3/8/2022Royal Bank of CanadaBoost TargetOutperformC$295.00 ➝ C$311.00
3/8/2022TD SecuritiesLower TargetBuyC$220.00 ➝ C$210.00
3/8/2022CIBCLower TargetOutperformC$245.00 ➝ C$217.00
3/8/2022CormarkLower TargetNAC$275.00 ➝ C$210.00
3/8/2022ScotiabankDowngradeOutperform ➝ HoldC$240.00 ➝ C$195.00
3/7/2022Atb Cap MarketsReiterated RatingOutperform
2/16/2022National BanksharesBoost TargetSector PerformC$201.00 ➝ C$203.00
1/24/2022TD SecuritiesLower TargetC$235.00 ➝ C$220.00
1/12/2022ScotiabankLower TargetOutperformC$245.00 ➝ C$240.00
11/2/2021National Bank FinancialLower TargetSector PerformC$205.00 ➝ C$201.00
11/2/2021Royal Bank of CanadaLower TargetOutperformC$300.00 ➝ C$295.00
11/2/2021NBFLower TargetSector PerformC$201.00
11/2/2021National BanksharesLower TargetSector PerformC$205.00 ➝ C$201.00
11/1/2021CIBCReiterated RatingOutperformC$245.00
11/1/2021Royal Bank of CanadaReiterated RatingBuyC$300.00 ➝ C$294.00
10/25/2021ScotiabankBoost TargetC$235.00 ➝ C$245.00
10/14/2021National Bank FinancialUpgradeSector PerformC$205.00
10/14/2021National BanksharesDowngradeOutperform ➝ HoldC$228.00 ➝ C$205.00
10/13/2021National Bank FinancialReiterated RatingSector Perform Market Weight
9/27/2021Royal Bank of CanadaReiterated RatingOutperformC$300.00
8/11/2021ATB CapitalBoost TargetC$235.00
8/11/2021CIBCReiterated RatingOutperformC$245.00
8/4/2021National Bank FinancialBoost TargetOutperformC$228.00
8/4/2021TD SecuritiesBoost TargetBuyC$230.00 ➝ C$235.00
8/4/2021National BanksharesBoost TargetOutperformC$226.00 ➝ C$228.00
8/4/2021BMO Capital MarketsLower TargetOutperformC$245.00 ➝ C$225.00
8/4/2021CormarkReiterated RatingOutperformC$275.00
8/4/2021ScotiabankBoost TargetC$225.00 ➝ C$235.00
8/4/2021Royal Bank of CanadaBoost TargetOutperformC$293.00 ➝ C$300.00
8/4/2021ATB CapitalBoost TargetOutperformC$230.00 ➝ C$235.00
8/3/2021CIBCReiterated RatingOutperformC$245.00
6/8/2021TD SecuritiesReiterated RatingBuyC$230.00
6/2/2021Royal Bank of CanadaReiterated RatingOutperformC$293.00
5/13/2021ScotiabankBoost TargetC$220.00 ➝ C$225.00
5/4/2021National BanksharesLower TargetC$231.00 ➝ C$226.00
5/4/2021National Bank FinancialLower TargetOutperformC$226.00
5/4/2021ATB CapitalBoost TargetOutperformC$225.00 ➝ C$230.00
5/4/2021Royal Bank of CanadaLower TargetOutperformC$318.00 ➝ C$293.00
5/3/2021CIBCReiterated RatingOutperformC$245.00
3/4/2021CormarkReiterated RatingOutperform
3/3/2021CormarkSet TargetC$265.00
3/2/2021ATB CapitalLower TargetC$275.00 ➝ C$225.00
3/2/2021CIBCLower TargetC$265.00 ➝ C$245.00
3/2/2021National Bank FinancialLower TargetOutperformC$254.00 ➝ C$231.00
3/2/2021BMO Capital MarketsLower TargetC$270.00 ➝ C$245.00
3/2/2021ScotiabankUpgradeSector Perform ➝ OutperformC$240.00 ➝ C$220.00
2/3/2021ATB CapitalLower TargetNAC$300.00 ➝ C$275.00
2/2/2021Royal Bank of CanadaBoost TargetOutperformC$310.00 ➝ C$315.00
2/2/2021ScotiabankBoost TargetC$230.00 ➝ C$240.00
2/2/2021BMO Capital MarketsBoost TargetOutperformC$265.00 ➝ C$270.00
1/13/2021National Bank FinancialReiterated RatingOutperformC$264.00
11/10/2020National Bank FinancialBoost TargetOutperformC$245.00 ➝ C$264.00
11/5/2020CormarkBoost TargetC$200.00 ➝ C$255.00
11/4/2020BMO Capital MarketsBoost TargetC$245.00 ➝ C$265.00
11/4/2020ScotiabankBoost TargetC$225.00 ➝ C$230.00
11/4/2020ATB CapitalBoost TargetC$200.00 ➝ C$300.00
11/4/2020CIBCBoost TargetC$250.00 ➝ C$265.00
11/4/2020Royal Bank of CanadaBoost TargetOutperformC$300.00 ➝ C$310.00
11/4/2020National Bank FinancialBoost TargetOutperformC$245.00 ➝ C$264.00
10/29/2020ScotiabankBoost TargetC$200.00 ➝ C$225.00
10/28/2020Laurentian Bank of CanadaBoost TargetC$158.00 ➝ C$310.00
10/28/2020LaurentianBoost TargetC$158.00 ➝ C$310.00
10/15/2020National Bank FinancialUpgradeSector Perform ➝ OutperformC$191.00 ➝ C$245.00
10/14/2020BMO Capital MarketsBoost TargetC$225.00 ➝ C$245.00
10/9/2020National Bank FinancialUpgradeSector Perform ➝ OutperformC$191.00 ➝ C$245.00
10/6/2020Royal Bank of CanadaBoost TargetOutperformC$217.00 ➝ C$300.00
8/7/2020Beacon SecuritiesReiterated RatingBuy
8/7/2020National Bank FinancialBoost TargetSector PerformC$165.00 ➝ C$191.00
8/7/2020Royal Bank of CanadaBoost TargetOutperformC$183.00 ➝ C$217.00
8/7/2020Raymond JamesBoost TargetMarket PerformC$120.00 ➝ C$190.00
8/7/2020ScotiabankBoost TargetC$158.00 ➝ C$200.00
8/7/2020CormarkBoost TargetC$145.00 ➝ C$200.00
8/7/2020CIBCBoost TargetC$176.00 ➝ C$205.00
8/7/2020BMO Capital MarketsBoost TargetC$200.00 ➝ C$225.00
8/7/2020ATB CapitalBoost TargetC$180.00 ➝ C$220.00
7/23/2020ATB CapitalBoost TargetC$150.00 ➝ C$180.00
7/17/2020BMO Capital MarketsReiterated RatingOutperformC$200.00
7/15/2020CIBCBoost TargetC$150.00 ➝ C$176.00
6/19/2020National Bank FinancialBoost TargetSector PerformC$131.00 ➝ C$165.00
5/11/2020ScotiabankBoost TargetC$125.00 ➝ C$130.00
5/8/2020CIBCBoost TargetC$140.00 ➝ C$150.00
5/8/2020Royal Bank of CanadaBoost TargetOutperformC$132.00 ➝ C$157.00
5/8/2020Raymond JamesSet TargetMarket PerformC$120.00
5/8/2020National Bank FinancialBoost TargetSector PerformC$118.00 ➝ C$131.00
4/30/2020LaurentianBoost TargetC$110.00 ➝ C$125.00
4/27/2020CIBCBoost TargetC$130.00 ➝ C$140.00
4/23/2020ScotiabankBoost TargetC$110.00 ➝ C$125.00
4/15/2020National Bank FinancialLower TargetSector PerformC$121.00 ➝ C$118.00
3/16/2020AltaCorp CapitalUpgradeSector Perform ➝ Outperform
2/21/2020AltaCorp CapitalDowngradeOutperform ➝ Sector Perform
2/21/2020Raymond JamesBoost TargetMarket PerformC$95.00 ➝ C$120.00
2/21/2020Royal Bank of CanadaBoost TargetOutperformC$126.00 ➝ C$132.00
2/20/2020Echelon Wealth PartnersDowngradeBuy ➝ Hold
1/31/2020National Bank FinancialBoost TargetSector PerformC$105.00 ➝ C$121.00
1/15/2020CIBCBoost TargetC$120.00 ➝ C$130.00
1/12/2020AltaCorp CapitalReiterated RatingOutperform
11/5/2019Raymond JamesReiterated RatingMarket PerformC$95.00
11/5/2019CIBCBoost TargetC$115.00 ➝ C$120.00
11/5/2019Royal Bank of CanadaLower TargetOutperformC$136.00 ➝ C$126.00
8/27/2019CIBCBoost TargetC$102.00 ➝ C$115.00
8/27/2019CormarkBoost TargetC$105.00 ➝ C$120.00
8/26/2019Raymond JamesSet TargetMarket PerformC$90.00
8/26/2019Royal Bank of CanadaBoost TargetOutperformC$119.00 ➝ C$136.00
8/26/2019National Bank FinancialBoost TargetSector PerformC$94.00 ➝ C$105.00
8/26/2019LaurentianDowngradeBuy ➝ HoldC$102.00 ➝ C$108.00
8/4/2019Raymond JamesSet TargetMarket PerformC$90.00
8/1/2019CIBCLower TargetC$105.00 ➝ C$102.00
8/1/2019Royal Bank of CanadaBoost TargetOutperformC$100.00 ➝ C$119.00
8/1/2019AltaCorp CapitalBoost TargetBuyC$95.00 ➝ C$110.00
8/1/2019National Bank FinancialBoost TargetSector PerformC$82.00 ➝ C$94.00
7/29/2019Raymond JamesSet TargetMarket PerformC$90.00
7/18/2019CIBCBoost TargetC$90.00 ➝ C$105.00
5/7/2019National Bank FinancialLower TargetSector PerformC$87.00 ➝ C$82.00
3/27/2019National Bank FinancialReiterated RatingSector PerformC$87.00
2/22/2019Royal Bank of CanadaBoost TargetOutperformC$98.00 ➝ C$100.00
2/21/2019Echelon Wealth PartnersReiterated RatingBuy
1/2/2019CIBCLower TargetC$92.00 ➝ C$90.00
11/14/2018CIBCBoost TargetC$90.00 ➝ C$93.00
11/14/2018National Bank FinancialBoost TargetSector PerformC$73.00 ➝ C$87.00
11/13/2018National Bank FinancialReiterated RatingSector Perform Under Weight
10/17/2018CIBCBoost TargetC$70.00 ➝ C$90.00
8/14/2018Royal Bank of CanadaBoost TargetOutperformC$73.00 ➝ C$85.00
8/14/2018National Bank FinancialBoost TargetSector PerformC$65.00 ➝ C$73.00
8/13/2018National Bank FinancialReiterated RatingSector Perform Under Weight
5/8/2018Royal Bank of CanadaLower TargetOutperformC$74.00
3/13/2018National Bank FinancialBoost TargetSector PerformC$55.00 ➝ C$65.00
3/13/2018CIBCBoost TargetC$62.00 ➝ C$74.00
3/13/2018Royal Bank of CanadaBoost TargetOutperformC$71.00 ➝ C$74.00
(Data available from 1/29/2018 forward)

News Sentiment Rating

0.08 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 15 positive mentions
  • 10 negative mentions
  • 2 very negative mentions
7/3/2022
  • 4 very positive mentions
  • 8 positive mentions
  • 8 negative mentions
  • 2 very negative mentions
8/2/2022
  • 3 very positive mentions
  • 9 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
9/1/2022
  • 3 very positive mentions
  • 13 positive mentions
  • 6 negative mentions
  • 3 very negative mentions
10/1/2022
  • 3 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 2 very negative mentions
10/31/2022
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/30/2022
  • 0 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
12/30/2022
  • 2 very positive mentions
  • 6 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
1/29/2023

Current Sentiment

  • 2 very positive mentions
  • 6 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
Cargojet logo
Cargojet Inc. provides time sensitive overnight air cargo services in Canada. Its air cargo business activities include operation of domestic air cargo network 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, the United Kingdom, and Germany. In addition, it offers aircraft to customers on an adhoc charter basis operating between points in Canada, the United States, and other international destinations; and specialty charter services for livestock shipments, military equipment movements, emergency relief supplies, and virtually large shipments across North America, South America, the Caribbean, and Europe. Further, the company is involved in the flight planning and dispatch, crew planning and training, ground handling, and commercial airline cargo management businesses. As of December 31, 2021, it operated a fleet of 31 aircraft. The company was founded in 2005 and is headquartered in Mississauga, Canada.
Read More

Today's Range

Now: C$123.14
Low: C$119.08
High: C$124.40

50 Day Range

MA: C$123.90
Low: C$112.61
High: C$138.59

52 Week Range

Now: C$123.14
Low: C$109.69
High: C$194.19

Volume

125,488 shs

Average Volume

78,420 shs

Market Capitalization

C$2.12 billion

P/E Ratio

7.50

Dividend Yield

0.96%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Cargojet?

The following Wall Street sell-side analysts have issued research reports on Cargojet in the last twelve months: Acumen Capital, Atb Cap Markets, ATB Capital, BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, Cormark, National Bankshares, Inc., Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for CJT.

What is the current price target for Cargojet?

10 Wall Street analysts have set twelve-month price targets for Cargojet in the last year. Their average twelve-month price target is C$187.00, suggesting a possible upside of 51.9%. Royal Bank of Canada has the highest price target set, predicting CJT will reach C$247.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of C$140.00 for Cargojet in the next year.
View the latest price targets for CJT.

What is the current consensus analyst rating for Cargojet?

Cargojet currently has 3 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CJT will outperform the market and that investors should add to their positions of Cargojet.
View the latest ratings for CJT.

What other companies compete with Cargojet?

How do I contact Cargojet's investor relations team?

Cargojet's physical mailing address is 6-350 Britannia Rd E, MISSISSAUGA, ON L4Z 1X9, Canada. The company's listed phone number is +1-905-5017373. The official website for Cargojet is www.cargojet.com. Learn More about contacing Cargojet investor relations.