Cargojet (OTCMKTS:CGJTF) PT Lowered to C$140.00

Cargojet (OTCMKTS:CGJTFGet Rating) had its price target dropped by equities researchers at BMO Capital Markets from C$150.00 to C$140.00 in a research report issued on Thursday, The Fly reports.

Several other research analysts have also commented on the stock. CIBC raised their price target on shares of Cargojet from C$203.00 to C$207.00 in a report on Wednesday, December 14th. Scotiabank raised their price objective on Cargojet from C$180.00 to C$185.00 in a research report on Tuesday, November 1st. Canaccord Genuity Group reduced their price objective on Cargojet from C$210.00 to C$195.00 in a research note on Wednesday, September 28th. Finally, Royal Bank of Canada dropped their target price on Cargojet from C$274.00 to C$272.00 in a report on Tuesday, November 1st.

Cargojet Trading Down 7.3 %

Shares of Cargojet stock opened at $83.90 on Thursday. The business’s fifty day moving average price is $93.22 and its 200 day moving average price is $98.61. Cargojet has a twelve month low of $79.14 and a twelve month high of $153.20.

Cargojet Company Profile

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Cargojet Inc provides time sensitive overnight air cargo services in Canada. Its air cargo business activities include operation of domestic air cargo network services between fourteen cities in North America; and provision of dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance (ACMI) basis operating between points in Canada, North and South America, and Europe.

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