BMO Capital Markets Increases Cargojet (TSE:CJT) Price Target to C$94.00

Cargojet (TSE:CJT) had its price target upped by BMO Capital Markets from C$90.00 to C$94.00 in a note issued to investors on Thursday,BayStreet.CA reports. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ price objective indicates a potential downside of 1.49% from the stock’s previous close.

Several other brokerages have also weighed in on CJT. Stifel Nicolaus lifted their price objective on Cargojet from C$100.00 to C$120.00 and gave the stock a “buy” rating in a report on Thursday. Raymond James Financial lifted their target price on shares of Cargojet from C$95.00 to C$120.00 and gave the stock an “outperform” rating in a research note on Friday, January 23rd. National Bank Financial boosted their price target on shares of Cargojet from C$95.00 to C$108.00 and gave the company an “outperform” rating in a research report on Friday, January 23rd. Royal Bank Of Canada dropped their price target on shares of 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. Finally, TD Securities reduced their price objective on shares of 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. Nine investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$125.45.

Cargojet Trading Down 2.8%

Shares of CJT stock opened at C$95.42 on Thursday. 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 firm has a market cap of C$1.44 billion, a P/E ratio of 12.12 and a beta of 0.82. The company has a 50 day moving average of C$91.57 and a 200-day moving average of C$88.94. Cargojet has a 12-month low of C$65.60 and a 12-month high of C$113.89.

Cargojet (TSE:CJT) last announced its quarterly earnings data on Tuesday, February 24th. The company reported C$1.47 earnings per share for the quarter. The business had revenue of C$284.70 million during the quarter. Cargojet had a return on equity of 0.31% and a net margin of 0.25%. Sell-side analysts anticipate that Cargojet will post 5.890933 earnings per share for the current year.

Key Headlines Impacting 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.