Analysts’ Recent Ratings Changes for Cargojet (CJT)

Cargojet (TSE: CJT) has recently received a number of price target changes and ratings updates:

• 5/6/2026 – Cargojet had its price target raised by TD from C$120.00 to C$124.00. They now have a “buy” rating on the stock.
• 5/6/2026 – Cargojet had its price target lowered by BMO Capital Markets from C$94.00 to C$85.00. They now have a “market perform” rating on the stock.
• 5/6/2026 – Cargojet had its price target raised by National Bank Financial from C$104.00 to C$108.00. They now have an “outperform” rating on the stock.
• 4/22/2026 – Cargojet had its price target lowered by National Bank Financial from C$108.00 to C$104.00. They now have an “outperform” rating on the stock.
• 4/13/2026 – Cargojet had its price target lowered by Royal Bank Of Canada from C$143.00 to C$140.00. They now have an “outperform” rating on the stock.
• 4/9/2026 – Cargojet had its price target lowered by Scotiabank from C$118.00 to C$115.00. They now have an “outperform” rating on the stock.
• 4/2/2026 – Cargojet had its price target raised by Canadian Imperial Bank of Commerce from C$116.00 to C$122.00.

Cargojet Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Thursday, April 2nd were paid a $0.385 dividend. This is an increase from Cargojet’s previous quarterly dividend of $0.35. This represents a $1.54 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Friday, March 20th. Cargojet’s dividend payout ratio is 26.72%.

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.