National Bank Financial Comments on Cargojet Inc’s Q1 2018 Earnings (CJT)
Cargojet Inc (TSE:CJT) – Investment analysts at National Bank Financial issued their Q1 2018 earnings per share (EPS) estimates for shares of Cargojet in a report issued on Monday. National Bank Financial analyst U. Allem expects that the company will post earnings of $0.81 per share for the quarter. National Bank Financial currently has a “Sector Perform” rating and a $65.00 target price on the stock. National Bank Financial also issued estimates for Cargojet’s FY2019 earnings at $2.24 EPS.
A number of other analysts have also recently commented on CJT. CIBC lifted their target price on shares of Cargojet from C$60.00 to C$62.00 in a research note on Thursday, January 4th. Acumen Capital lifted their target price on shares of Cargojet from C$60.00 to C$65.00 in a research note on Friday, January 19th. Finally, Royal Bank of Canada lifted their target price on shares of Cargojet from C$71.00 to C$74.00 and gave the stock an “outperform” rating in a research note on Tuesday.
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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.
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