Analysts Set CAE Inc. (TSE:CAE) Price Target at C$35.56

CAE Inc. (TSE:CAE) (NYSE:CAE) has been given a consensus rating of “Hold” by the nine analysts that are covering the stock, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is C$35.56.

Several equities research analysts have issued reports on CAE shares. CIBC lifted their target price on shares of CAE from C$33.00 to C$37.00 and gave the company a “neutral” rating in a research report on Monday, December 23rd. Canaccord Genuity Group lifted their price objective on shares of CAE from C$28.00 to C$30.00 in a report on Thursday, November 14th. Royal Bank of Canada increased their target price on CAE from C$34.00 to C$38.00 in a research note on Wednesday, January 15th. National Bankshares raised their price target on CAE from C$30.00 to C$34.00 in a research report on Wednesday, November 13th. Finally, TD Securities cut CAE from a “buy” rating to a “hold” rating and upped their price objective for the stock from C$34.00 to C$35.00 in a report on Monday, January 6th.

CAE Trading Up 0.7 %

Shares of CAE stock opened at C$35.03 on Friday. CAE has a 52-week low of C$22.28 and a 52-week high of C$36.68. The business’s fifty day moving average is C$33.69 and its 200 day moving average is C$27.96. The company has a debt-to-equity ratio of 74.24, a quick ratio of 0.71 and a current ratio of 0.89. The company has a market capitalization of C$11.16 billion, a PE ratio of -32.74, a price-to-earnings-growth ratio of 1.76 and a beta of 1.91.

CAE (TSE:CAE) (NYSE:CAE) last released its quarterly earnings results on Tuesday, November 12th. The company reported C$0.24 earnings per share for the quarter, beating the consensus estimate of C$0.18 by C$0.06. CAE had a negative return on equity of 7.43% and a negative net margin of 7.39%. During the same period in the previous year, the company posted $0.27 EPS.

CAE Company Profile

CAE Inc is a global company focused on delivering training for the civil aviation, defense, security, and healthcare markets. Multiple types of simulators and synthetic exercises may be sold to customers to serve as alternatives for live-training experiences. The company’s training solutions are provided through products and services.