CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE's stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$35.01 and traded as high as C$35.65. CAE shares last traded at C$35.04, with a volume of 899,434 shares trading hands.
Analyst Ratings Changes
CAE has been the subject of several research analyst reports. Scotiabank lifted their price target on CAE from C$30.00 to C$32.50 in a research note on Thursday, November 14th. Cibc World Mkts lowered CAE from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. CIBC lifted their price target on CAE from C$37.00 to C$39.00 in a research note on Tuesday, February 18th. Canaccord Genuity Group lifted their price target on CAE from C$28.00 to C$30.00 in a research note on Thursday, November 14th. Finally, National Bankshares lowered CAE from an "outperform" rating to a "sector perform" rating and lifted their price target for the stock from C$34.00 to C$38.00 in a research note on Thursday, January 30th. Seven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, CAE currently has an average rating of "Hold" and an average price target of C$36.94.
Check Out Our Latest Report on CAE
CAE Trading Up 1.1 %
The stock has a market capitalization of C$11.05 billion, a PE ratio of -33.14, a P/E/G ratio of 1.76 and a beta of 1.91. The company has a current ratio of 0.84, a quick ratio of 0.71 and a debt-to-equity ratio of 74.04. The stock has a 50 day moving average price of C$35.02 and a 200-day moving average price of C$30.04.
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.
Further Reading
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
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
