CAE Inc. (TSE:CAE) Receives C$37.83 Average Price Target from Analysts

Shares of CAE Inc. (TSE:CAE) (NYSE:CAE) have been given an average recommendation of “Hold” by the ten analysts that are covering the firm, MarketBeat reports. Eight equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is C$37.83.

Several research firms recently issued reports on CAE. TD Securities boosted their price objective on CAE from C$35.00 to C$39.00 and gave the company a “hold” rating in a report on Tuesday, February 18th. National Bankshares lowered shares of CAE from an “outperform” rating to a “sector perform” rating and boosted their price target for the stock from C$34.00 to C$38.00 in a research note on Thursday, January 30th. National Bank Financial downgraded shares of CAE from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. Royal Bank of Canada increased their price objective on CAE from C$34.00 to C$38.00 in a research note on Wednesday, January 15th. Finally, Desjardins raised CAE from a “hold” rating to a “buy” rating and boosted their target price for the stock from C$32.00 to C$40.00 in a research note on Monday, December 30th.

CAE Stock Down 0.1 %

Shares of TSE CAE opened at C$30.01 on Wednesday. The company has a quick ratio of 0.71, a current ratio of 0.84 and a debt-to-equity ratio of 74.04. The business’s 50 day moving average is C$34.74 and its two-hundred day moving average is C$31.95. CAE has a 52-week low of C$22.28 and a 52-week high of C$39.17. The firm has a market cap of C$9.60 billion, a price-to-earnings ratio of -28.78, a PEG ratio of 1.76 and a beta of 1.91.

About CAE

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.