CAE Inc. (TSE:CAE) Receives C$32.35 Average Price Target from Analysts

Shares of CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE have earned a consensus recommendation of "Hold" from the eight brokerages that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is C$32.35.

A number of equities analysts recently weighed in on the company. National Bankshares upped their price target on CAE from C$30.00 to C$34.00 in a report on Wednesday, November 13th. Scotiabank boosted their price objective on CAE from C$30.00 to C$32.50 in a research report on Thursday, November 14th. CIBC increased their target price on CAE from C$30.00 to C$33.00 in a research report on Thursday, November 14th. Royal Bank of Canada boosted their price target on shares of CAE from C$27.00 to C$34.00 in a report on Thursday, November 14th. Finally, TD Securities upped 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 report on Thursday, November 14th.

CAE Price Performance

Shares of CAE stock traded down C$0.11 during trading hours on Thursday, reaching C$32.60. The stock had a trading volume of 242,517 shares, compared to its average volume of 647,302. The stock's 50 day moving average is C$26.74 and its 200 day moving average is C$25.76. 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 twelve month low of C$22.28 and a twelve month high of C$33.07. The firm has a market capitalization of C$10.39 billion, a PE ratio of -30.57, a PEG ratio of 1.76 and a beta of 1.91.

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.