CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE's stock price reached a new 52-week high during trading on Monday after CIBC raised their price target on the stock from C$33.00 to C$37.00. CIBC currently has a neutral rating on the stock. CAE traded as high as C$35.28 and last traded at C$35.21, with a volume of 316079 shares changing hands. The stock had previously closed at C$34.18.
CAE has been the subject of a number of other reports. Canaccord Genuity Group increased their target price on CAE from C$28.00 to C$30.00 in a research report on Thursday, November 14th. Scotiabank increased their price objective on shares of CAE from C$30.00 to C$32.50 in a research report on Thursday, November 14th. Royal Bank of Canada boosted their target price on shares of CAE from C$27.00 to C$34.00 in a report on Thursday, November 14th. National Bankshares increased their price target on shares of CAE from C$30.00 to C$34.00 in a report on Wednesday, November 13th. Finally, Cibc World Mkts cut CAE from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of C$33.44.
Read Our Latest Stock Report on CAE
CAE Trading Up 3.3 %
The stock has a fifty day moving average of C$29.67 and a 200-day moving average of C$26.50. The company has a market cap of C$11.26 billion, a PE ratio of -33.01, a PEG ratio of 1.76 and a beta of 1.91. The company has a debt-to-equity ratio of 74.24, a quick ratio of 0.71 and a current ratio of 0.89.
About CAE
(
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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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