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Cargojet Inc T.CJT

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

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

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Post by retiredcfon Apr 14, 2022 6:29am
305 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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