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

CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE has been given an average rating of "Hold" by the ten analysts that are covering the stock, Marketbeat.com reports. Eight analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is C$37.83.

Several research analysts recently weighed in on the stock. BMO Capital Markets boosted their price target on shares of CAE from C$38.00 to C$39.00 in a report on Friday, February 14th. TD Securities boosted their target price on CAE from C$35.00 to C$39.00 and gave the stock a "hold" rating in a research note on Tuesday, February 18th. Desjardins raised CAE from a "hold" rating to a "buy" rating and increased their price target for the company from C$32.00 to C$40.00 in a research report on Monday, December 30th. CIBC boosted their price objective on CAE from C$37.00 to C$39.00 in a research report on Tuesday, February 18th. Finally, National Bank Financial lowered CAE from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 21st.

CAE Stock Down 8.0 %

CAE traded down C$2.64 during mid-day trading on Wednesday, reaching C$30.56. 800,239 shares of the stock were exchanged, compared to its average volume of 736,456. CAE has a 1 year low of C$22.28 and a 1 year high of C$39.17. The company has a debt-to-equity ratio of 74.04, a quick ratio of 0.71 and a current ratio of 0.84. The stock has a market capitalization of C$9.77 billion, a PE ratio of -29.31, a price-to-earnings-growth ratio of 1.76 and a beta of 1.91. The company has a 50 day moving average price of C$35.03 and a two-hundred day moving average price of C$31.88.

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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.