CAE (TSE:CAE - Get Free Report) NYSE: CAE had its price target boosted by equities research analysts at BMO Capital Markets from C$33.00 to C$38.00 in a research note issued on Monday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. BMO Capital Markets' target price would suggest a potential upside of 7.59% from the stock's current price.
Other equities research analysts have also recently issued research reports about the stock. Scotiabank boosted their price target on shares of CAE from C$30.00 to C$32.50 in a research report on Thursday, November 14th. TD Securities lifted their price objective on shares of CAE from C$33.00 to C$34.00 and gave the stock a "buy" rating in a research note on Thursday, November 14th. CIBC cut shares of CAE from an "outperform" rating to a "neutral" rating in a research report on Wednesday, December 4th. Canaccord Genuity Group lifted their price target on CAE from C$28.00 to C$30.00 in a research report on Thursday, November 14th. Finally, Cibc World Mkts downgraded CAE from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 4th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, CAE has a consensus rating of "Hold" and an average price target of C$33.44.
Get Our Latest Analysis on CAE
CAE Price Performance
Shares of TSE:CAE traded up C$1.14 during mid-day trading on Monday, reaching C$35.32. The stock had a trading volume of 544,291 shares, compared to its average volume of 656,206. The company has a market cap of C$11.26 billion, a P/E ratio of -33.01, a price-to-earnings-growth ratio of 1.76 and a beta of 1.91. The business's 50 day moving average price is C$29.67 and its 200 day moving average price is C$26.50. The company has a current ratio of 0.89, a quick ratio of 0.71 and a debt-to-equity ratio of 74.24. CAE has a 1 year low of C$22.28 and a 1 year high of C$35.35.
CAE Company Profile
(
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CAE Inc, together with its subsidiaries, provides simulation training and critical operations support solutions in Canada, the United States, the United Kingdom, Europe, Asia, Oceania and Africa, and Rest of Americas. It operates through three segments: Civil Aviation, Defense and Security, and Healthcare.
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