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Cargojet ( (TSE:CJT) ) has provided an announcement.
Cargojet Inc. announced its plan to redeem all outstanding 5.25% senior unsecured hybrid debentures on October 9, 2025, ahead of their original maturity date in 2026. This strategic financial move will be funded by proceeds from a recent offering of 4.599% senior unsecured notes, potentially enhancing Cargojet’s financial flexibility and market positioning.
The most recent analyst rating on (TSE:CJT) stock is a Buy with a C$116.00 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 earnings call highlights, attractive valuation, and positive technical indicators. Financial performance is solid but tempered by concerns over debt levels and cash flow management.
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 North America. The company operates a fleet of Boeing aircraft, transporting over 25 million pounds of cargo weekly.
Average Trading Volume: 68,228
Technical Sentiment Signal: Sell
Current Market Cap: C$1.57B
See more data about CJT stock on TipRanks’ Stock Analysis page.