TSX:CJT - Post Discussion
Post by
retiredcf on Jun 02, 2021 9:40am
RBC
Also maintain their upside scenario target of $334.00. GLTA
June 1, 2021
Cargojet Inc.
Model update correcting for effective tax rate
Sector: Transportation
Outperform
TSX: CJT; CAD 179.32
Price Target CAD 293.00
Our view: We are updating our model to correct for CJT's effective tax rate.
Key points:
The adjustment has no impact on EBITDA and does not affect valuation. Our target price therefore remains unchanged; maintain Outperform.
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