02:33:16 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



Cargojet Inc
Symbol CJT
Shares Issued 17,209,499
Close 2024-01-18 C$ 121.50
Market Cap C$ 2,090,954,129
Recent Sedar Documents

Globe says Spracklin maintains Cargojet at "outperform"

2024-01-18 08:35 ET - In the News

The Globe and Mail reports in its Thursday, Jan. 18, edition that RBC Dominion Securities analyst Walter Spracklin has reaffirmed his "outperform" recommendation and $184 share target for Cargojet. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $143.83. Mr. Spracklin says in a note: "Our Q4 estimate remains unchanged at $80-million, relatively in-line with consensus $82-million. While indication from FedEx is that overnight volumes were under pressure in the quarter, Cargojet this week disclosed that its Q4 results were in line with its expectations." The Globe reported on Oct. 18 that National Bank Financial analyst Cameron Doerksen had reaffirmed his "sector perform" recommendation for Cargojet. The shares were then worth $86.54. The Globe reported on Sept. 27 that Mr. Spracklin continued to give Cargojet an "outperform" ranking. The shares could then be had for $90.08. The Globe reported on Nov. 14 that BMO Capital Markets analyst Fadi Chamoun continued to rate Cargojet "market perform." The shares could then be had for $86.

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