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Bullboard - Stock Discussion Forum Cargojet Inc T.CJT

Alternate Symbol(s):  T.CJT.DB.F | CGJTF | T.CJT.DB.E

Cargojet Inc. is a Canada-based company, which is a provider of time-sensitive premium air cargo services to all major cities across North America. The Company also provides dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance (ACMI) basis, operating between points in Canada, the United States of America, Mexico, South America, Europe, and Asia. The Company operates... see more

TSX:CJT - Post Discussion

Cargojet Inc > BMO
View:
Post by retiredcf on Jun 17, 2022 6:59am

BMO

Perhaps a client could post the report. Notwithstanding these brutal markets, a HOLD seems pretty cautious when they are still looking for over 40% SP appreciation. GLTA

Cargojet Downgraded by BMO Capital Markets C$165.00 Hold
Comment by Defiance2050 on Jun 17, 2022 6:18pm
I believe that was done before the dip. When it was $145 or roughly 13% upside. Still any fuel related items are indexed in and paid for by the customer. Rather unlikely that the alternatives which all use various types of fuel with rising oil that trucking costs or rail costs would go down.