Aviation

TD sets C$128 target price for Cargojet, cites $275.8M quarterly revenue

Based on · First reported

  • TD assigned a C$128.00 target price to Cargojet, the Canadian cargo airline, according to a recent report.
  • The report notes that Cargojet has a market capitalization of C$1.36 billion, a debt‑to‑equity ratio of 119.27, operates a fleet of 41 aircraft, and generated C$275.80 million in revenue for the quarter.
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