Cargojet Inc T.CJT.DB.E

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

Industrials

Cargojet Inc. is a Canada-based provider of time sensitive air cargo services to all major cities across North America, providing dedicated, aircraft, crew, maintenance and insurance (ACMI) and international charter services. The Company's main air cargo business is comprised of operating a domestic network air cargo co-load network between sixteen major Canadian cities and providing dedicated aircraft to customers on an ACMI basis, operating between points in Canada, the United States, Mexico, South America, Asia and Europe. It also operates scheduled and ad hoc international routes for multiple cargo customers between United States and Bermuda, between Canada, United Kingdom and Germany; between Canada and Asia; and between Canada and Mexico. Its charter services include Go Now, dangerous goods, heavy & oversized cargo, humanitarian and relief, remote destinations, automotive, and oil and gas. The Company operates its network with its own cargo fleet of approximately 41 aircraft.

TSX:CJT - Post by User

Cargojet Inc

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Post by retiredcfon Dec 02, 2021 7:16am

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Post# 34188832

Analyst Recommendation

https://www.bnnbloomberg.ca/video/varun-anand-discusses-cargojet~2333785

BUY

Cargojet Inc(CJT-T)

30/11/2021 at 07:00pm

Frustrating, especially over the last month. May be algorithmic or tax-loss selling going on. Compared to pre-pandemic, 50-60% ahead in terms of EBITDA, margins are higher, capacity expanded by buying more planes. Valuation is lower. Concerns that planes are expensive. Proven ability to utilize planes. Labour costs, but that's commensurate with revenue growth from e-commerce. Tremendous value, especially for long-term shareholders. (Analysts’ price target is $250.00)

TRANSPORTATION & ENVIRONMENTAL SERVICES

Varun Anand

$163.250

Owned

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