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Cargojet (TSE:CJT) target price raised to $60.00, reported today by Acumen Capital

Acumen Capital bumped up the target of Cargojet (TSE:CJT) to $60.00 stating a potential upside of 0.11%.

On 8/17/2017, National Bank Financial released a statement for Cargojet (TSE:CJT) bumped up the target price from $51.00 to $53.00 that suggested an upside of 0.06%.

Showing a price of $54.02, Cargojet (TSE:CJT) traded -0.40% lower on the day. With the last stock price up 6.91% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the date range. Cargojet has recorded a 50-day average of $48.40 and a two hundred day average of $46.77. Trade Volume was down over the average, with 1,833 shares of CJT changing hands under the typical 26,327

Recent Performance Chart

Cargojet (TSE:CJT)

Cargojet has PE ratio of 462.96 with a one year low of $38.61 and a one year high of $52.56 and has a market capitalization of $0.

A total of 6 analysts have released a report on Cargojet. zero analysts rating the company a strong buy, six analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $40.69.

General Company Details For Cargojet (TSE:CJT)

Cargojet Inc. is a provider of time sensitive overnight air cargo services. The Company's cargo business comprises operating a domestic overnight air cargo co-load network between over 10 Canadian cities; providing aircraft to customers on an aircraft, crew, maintenance and insurance (ACMI) basis, operating between points in Canada, the United States and Europe; operating scheduled international routes for multiple cargo customers between the United States and Bermuda, and between Canada and Europe, and providing dedicated aircraft to customers on an adhoc charter basis operating between points in Canada, the United States and other international destinations. Within its overnight network, the Company also provides domestic air cargo services for a range of international airlines between points in Canada that connect such airlines' gateways to Canada. The Company's freighter aircraft fleet includes B767-200, B757-200, B757-200 and Challenger 601, among others.

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