Cargojet Inc. receives Investment Bank Analyst Rating Update
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Cargojet Inc. is a Canada-based company, which is a provider of time sensitive domestic network air cargo services. The Company’s air cargo business is comprised of the following: operating a domestic network air cargo co-load network between approximately 15 Canadian cities; providing dedicated aircraft to customers on an aircraft, crew, maintenance and insurance (ACMI) basis, operating between points in Canada, the United States of America (USA), Mexico and Europe; and operating scheduled international routes for multiple cargo customers between the USA and Bermuda, between Canada and Germany; and between Canada and Mexico. The Company operates its business across North America transporting time sensitive air cargo each business night utilizing its fleet of all-cargo aircraft. It operates over 80 flight legs each business night using a combination of B767-300F; B767-200F and B757-200F aircraft. It also operates approximately 10 dedicated ACMI routes.
|Average||203.82 (+82.63% Upside)|
|No. of Analysts||11|