CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$35.07 and traded as high as C$36.94. CAE shares last traded at C$36.48, with a volume of 586,207 shares trading hands.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on the company. National Bank Financial downgraded CAE from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 21st. Bank of America upgraded CAE from an "underperform" rating to a "neutral" rating and upped their price objective for the stock from C$25.00 to C$45.00 in a research report on Friday, March 7th. TD Securities lifted their target price on shares of CAE from C$35.00 to C$39.00 and gave the company a "hold" rating in a report on Tuesday, February 18th. Royal Bank of Canada increased their price target on shares of CAE from C$34.00 to C$38.00 in a report on Wednesday, January 15th. Finally, National Bankshares lowered shares of CAE from an "outperform" rating to a "sector perform" rating and raised their price target for the company from C$34.00 to C$38.00 in a research report on Thursday, January 30th. Eight investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of C$37.83.
View Our Latest Research Report on CAE
CAE Trading Down 3.3 %
The company has a quick ratio of 0.71, a current ratio of 0.84 and a debt-to-equity ratio of 74.04. The company's 50-day moving average is C$35.14 and its 200-day moving average is C$31.54. The stock has a market capitalization of C$11.21 billion, a price-to-earnings ratio of -33.62, a PEG ratio of 1.76 and a beta of 1.91.
About CAE
(
Get Free Report)
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.
Recommended Stories
Before you consider CAE, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CAE wasn't on the list.
While CAE currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
