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Bullboard - Stock Discussion Forum
Cargojet Inc
T.CJT
Alternate Symbol(s):
CGJTF
|
T.CJT.DB.E
|
T.CJT.DB.F
Industrials
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.
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TSX:CJT - Post Discussion
Cargojet Inc
> National Bank
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retiredcf
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Post by
retiredcf
on Jul 15, 2022 8:37am
National Bank
Cargojet Inc
(CJT-T): National Bank of Canada cuts target price to C$158 from C$185
(5848)
•••
retiredcf
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Comment by
retiredcf
on Jul 15, 2022 12:09pm
More elaboration from this analyst. GLTA He lowered his valuation estimates for the company, commenting that several factors could limit multiple expansion over the near-to-medium term. These include slowing e-commerce volume growth at the company’s major customers, a likely peaking of international air cargo rates, and growing concerns over a broader economic slowdown that could impact some of
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