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An update from Cargojet ( (TSE:CJT) ) is now available.
Cargojet has successfully retained its ISO 9001:2015 Quality Standard Accreditation for the twenty-third consecutive year, reinforcing its commitment to high-quality, safe, and reliable service. This achievement highlights the dedication of Cargojet’s team and the effectiveness of its quality management systems, solidifying its position as the only air cargo carrier in Canada with this consistent certification.
The most recent analyst rating on (TSE:CJT) stock is a Hold with a C$120.00 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 Outperform.
Cargojet’s overall score is driven by strong valuation metrics and strategic corporate partnerships, which enhance its market position. While financial performance shows growth, the increasing leverage and negative free cash flow are concerns. Technical indicators suggest stable momentum, and the earnings call provided a positive outlook despite some challenges.
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, serving all major cities across North America. The company offers Dedicated, ACMI, and International Charter services, transporting over 25 million pounds of cargo weekly with a fleet of Boeing aircraft.
YTD Price Performance: -4.04%
Average Trading Volume: 70,922
Technical Sentiment Signal: Hold
Current Market Cap: C$1.59B
See more data about CJT stock on TipRanks’ Stock Analysis page.