Analysts Set CAE Inc. (TSE:CAE) PT at C$32.31

CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE has received an average recommendation of "Hold" from the eight brokerages that are presently covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is C$33.44.

CAE has been the topic of a number of research reports. National Bankshares lifted their price objective on CAE from C$30.00 to C$34.00 in a research note on Wednesday, November 13th. Cibc World Mkts cut shares of CAE from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 4th. Royal Bank of Canada upped their price target on shares of CAE from C$27.00 to C$34.00 in a research note on Thursday, November 14th. Canaccord Genuity Group lifted their price objective on shares of CAE from C$28.00 to C$30.00 in a research note on Thursday, November 14th. Finally, Scotiabank upped their target price on shares of CAE from C$30.00 to C$32.50 in a research report on Thursday, November 14th.

CAE Price Performance

TSE CAE traded up C$1.14 during trading hours on Monday, reaching C$35.32. The company's stock had a trading volume of 544,291 shares, compared to its average volume of 656,206. CAE has a 1 year low of C$22.28 and a 1 year high of C$35.35. The company has a quick ratio of 0.71, a current ratio of 0.89 and a debt-to-equity ratio of 74.24. The company has a market capitalization of C$11.26 billion, a price-to-earnings ratio of -33.01, a PEG ratio of 1.76 and a beta of 1.91. The firm's 50-day moving average price is C$29.67 and its 200-day moving average price is C$26.50.

CAE Company Profile

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.