Weekly Research Analysts’ Ratings Changes for Cargojet (CJT)

Several brokerages have updated their recommendations and price targets on shares of Cargojet (TSE: CJT) in the last few weeks:

• 8/12/2026 – Cargojet had its price target raised by National Bank Financial from C$109.00 to C$112.00. They now have an “outperform” rating on the stock.
• 8/12/2026 – Cargojet had its price target raised by Acumen Capital from C$115.00 to C$120.00. They now have a “buy” rating on the stock.
• 8/12/2026 – Cargojet had its price target raised by ATB Cormark Capital Markets from C$110.00 to C$120.00. They now have an “outperform” rating on the stock.
• 8/12/2026 – Cargojet had its price target raised by Desjardins from C$126.00 to C$135.00. They now have a “buy” rating on the stock.
• 8/12/2026 – Cargojet had its price target raised by Scotiabank from C$120.00 to C$125.00. They now have a “sector outperform” rating on the stock.
• 8/12/2026 – Cargojet had its price target raised by TD from C$118.00 to C$127.00. They now have a “buy” rating on the stock.
• 8/12/2026 – Cargojet had its price target raised by BMO Capital Markets from C$85.00 to C$90.00.
• 7/15/2026 – Cargojet had its price target lowered by TD from C$124.00 to C$118.00.
• 7/14/2026 – Cargojet had its price target raised by National Bank Financial from C$108.00 to C$109.00. They now have an “outperform” rating on the stock.

Cargojet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Monday, July 6th were paid a dividend of $0.385 per share. This represents a $1.54 annualized dividend and a yield of 1.7%. The ex-dividend date was Friday, June 19th. Cargojet’s payout ratio is currently 47.57%.

Cargojet Inc operates a domestic air cargo co-load network between sixteen major Canadian cities. The company provides dedicated aircraft to customers on an Aircraft, Crew, Maintenance and Insurance basis, operating between points in Canada, USA, Mexico and Europe. The company also operates scheduled international routes for multiple cargo customers between the USA and Bermuda, between Canada, UK and Germany; and between Canada and Mexico.