CAE (TSE:CAE - Free Report) NYSE: CAE had its target price lifted by BMO Capital Markets from C$38.00 to C$39.00 in a research report sent to investors on Friday,BayStreet.CA reports.
CAE has been the subject of several other reports. Cibc World Mkts downgraded CAE from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 4th. National Bankshares cut CAE from an "outperform" rating to a "sector perform" rating and increased their price target for the stock from C$34.00 to C$38.00 in a research note on Thursday, January 30th. Scotiabank raised their price target on CAE from C$30.00 to C$32.50 in a report on Thursday, November 14th. Canaccord Genuity Group upped their price objective on shares of CAE from C$28.00 to C$30.00 in a report on Thursday, November 14th. Finally, National Bank Financial cut shares of CAE from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 21st. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of C$36.94.
View Our Latest Research Report on CAE
CAE Stock Performance
Shares of CAE traded down C$0.06 during midday trading on Friday, hitting C$37.93. 1,463,272 shares of the stock traded hands, compared to its average volume of 655,747. The business's 50 day moving average price is C$34.61 and its two-hundred day moving average price is C$29.16. The firm has a market capitalization of C$12.13 billion, a PE ratio of -36.37, a price-to-earnings-growth ratio of 1.76 and a beta of 1.91. The company has a debt-to-equity ratio of 74.04, a quick ratio of 0.71 and a current ratio of 0.84. CAE has a 1-year low of C$22.28 and a 1-year high of C$39.17.
About CAE
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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.
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