CAE (TSE:CAE - Free Report) NYSE: CAE had its price target increased by CIBC from C$33.00 to C$37.00 in a research note published on Monday,BayStreet.CA reports. The brokerage currently has a neutral rating on the stock.
A number of other analysts have also weighed in on the stock. Scotiabank upped their price objective on shares of CAE from C$30.00 to C$32.50 in a research note on Thursday, November 14th. Canaccord Genuity Group upped their price target on shares of CAE from C$28.00 to C$30.00 in a research report on Thursday, November 14th. National Bankshares lifted their price objective on shares of CAE from C$30.00 to C$34.00 in a report on Wednesday, November 13th. BMO Capital Markets boosted their price objective on shares of CAE from C$33.00 to C$38.00 and gave the stock an "outperform" rating in a research note on Monday. Finally, TD Securities increased their target price on CAE from C$33.00 to C$34.00 and gave the company a "buy" rating in a research report on Thursday, November 14th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of C$33.44.
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CAE Stock Up 3.3 %
Shares of CAE stock traded up C$1.14 during mid-day trading on Monday, hitting C$35.32. The stock had a trading volume of 544,291 shares, compared to its average volume of 656,206. CAE has a 12-month low of C$22.28 and a 12-month high of C$35.35. The company has a debt-to-equity ratio of 74.24, a current ratio of 0.89 and a quick ratio of 0.71. The firm's 50-day moving average is C$29.67 and its two-hundred day moving average is C$26.50. The firm has a market capitalization 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.
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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