Bullboard - Stock Discussion Forum Cargojet Inc T.CJT

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

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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... see more

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TSX:CJT - Post Discussion

Cargojet Inc > BMO

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Post by retiredcf on Jun 17, 2022 6:59am

BMO

Perhaps a client could post the report. Notwithstanding these brutal markets, a HOLD seems pretty cautious when they are still looking for over 40% SP appreciation. GLTA

Cargojet Downgraded by BMO Capital Markets C$165.00 Hold

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Comment by Defiance2050 on Jun 17, 2022 6:18pm

I believe that was done before the dip. When it was $145 or roughly 13% upside. Still any fuel related items are indexed in and paid for by the customer. Rather unlikely that the alternatives which all use various types of fuel with rising oil that trucking costs or rail costs would go down.

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Cargojet Inc