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Cargojet ( (TSE:CJT) ) has provided an update.
Cargojet Inc. has successfully renewed its International Air Transport Association (IATA) Operational Safety Audit (IOSA) registration, underscoring its commitment to maintaining high safety and compliance standards. This achievement reinforces Cargojet’s reputation for operational excellence and reliability in the air cargo industry, highlighting the dedication of its team to uphold these standards.
The most recent analyst rating on (TSE:CJT) stock is a Buy with a C$135.00 price target. To see the full list of analyst forecasts on Cargojet stock, see the TSE:CJT Stock Forecast page.
Spark’s Take on TSE:CJT Stock
According to Spark, TipRanks’ AI Analyst, TSE:CJT is a Neutral.
Cargojet’s overall score is driven by strong financial performance and positive earnings call sentiment, highlighting growth and strategic partnerships. However, technical analysis indicates bearish trends, and financial management challenges persist, impacting the score.
To see Spark’s full report on TSE:CJT stock, click here.
More about Cargojet
Cargojet is Canada’s leading provider of time-sensitive premium air cargo services, offering Dedicated, ACMI, and International Charter services across major North American cities. The company operates a fleet of all Boeing aircraft and transports over 25,000,000 pounds of cargo weekly.
Average Trading Volume: 79,279
Technical Sentiment Signal: Sell
Current Market Cap: C$1.27B
Learn more about CJT stock on TipRanks’ Stock Analysis page.