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Cargojet Inc T.CJT

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

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 scheduled international routes for multiple cargo customers between the United States of America and Bermuda, Canada, the United Kingdom, and Germany, and between Canada and Mexico. The Company offers ACMI, and international charter services and carries approximately 25,000,000 pounds of cargo weekly. It operates its network with its own fleet of 39 aircraft.


TSX:CJT - Post by User

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Post by retiredcfon Apr 14, 2022 6:29am
236 Views
Post# 34602858

Analyst Recommendation

Analyst Recommendationhttps://www.bnnbloomberg.ca/video/chris-blumas-discusses-cargojet-inc~2421646

BUY on WEAKNESS
Cargojet Inc(CJT-T)
12/04/2022 at 08:00pm
 
His hangup on the stock has always been the threat of competition. Their setup is unique. Offers something to the market that's difficult for competitors to provide in terms of air freight logistics. Valuation of 24x forward earnings makes him hesitant. Consider on a pullback.
TRANSPORTATION & ENVIRONMENTAL SERVICES
 
Chris Blumas
$164.165
No
 
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