CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$36.68 and last traded at C$36.50, with a volume of 484754 shares changing hands. The stock had previously closed at C$36.52.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the company. TD Securities boosted 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. Scotiabank lifted 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 increased their target price on shares of CAE from C$28.00 to C$30.00 in a research note on Thursday, November 14th. BMO Capital Markets lifted their price target 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, December 23rd. Finally, CIBC increased their price objective on shares of CAE from C$33.00 to C$37.00 and gave the stock a "neutral" rating in a research report on Monday, December 23rd. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, CAE currently has an average rating of "Moderate Buy" and an average target price of C$34.94.
Check Out Our Latest Stock Report on CAE
CAE Trading Down 0.4 %
The company has a market capitalization of C$11.60 billion, a PE ratio of -34.01, a price-to-earnings-growth ratio of 1.76 and a beta of 1.91. The company has a debt-to-equity ratio of 74.24, a current ratio of 0.89 and a quick ratio of 0.71. The company's fifty day moving average is C$30.70 and its 200-day moving average is C$26.88.
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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