CAE (CAE) Stock Forecast & Price Target

$17.70

+0.09 (+0.51%)

(As of 09/18/2024 ET)

CAE - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 9 Analyst Ratings

Based on 9 Wall Street analysts who have issued ratings for CAE in the last 12 months, the stock has a consensus rating of "Hold." Out of the 9 analysts, 1 has given a sell rating, 7 have given a hold rating, and 1 has given a buy rating for CAE.

Consensus Price Target

$28.00
58.19% Upside

High Forecast	$34.00
Average Forecast	$28.00
Low Forecast	$21.00

According to the 9 analysts' twelve-month price targets for CAE, the average price target is $28.00. The highest price target for CAE is $34.00, while the lowest price target for CAE is $21.00. The average price target represents a forecasted upside of 58.19% from the current price of $17.70.

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)
Hold	7 Hold rating(s)	7 Hold rating(s)	5 Hold rating(s)	1 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$28.00	$28.00	$32.00	$35.33
Forecasted Upside	58.19% Upside	45.92% Upside	53.87% Upside	48.92% Upside

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CAE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CAE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

CAE Stock vs. The Competition

Type	CAE	Aerospace Companies	S&P 500
Consensus Rating Score	2.00	2.63	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	58.19% Upside	46.56% Upside	7.94% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/16/2024	Morgan Stanley 3 of 5 stars		Downgrade	Overweight ➝ Equal Weight
8/15/2024	Royal Bank of Canada 4 of 5 stars	J. Mcgarragle Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Moderate Buy
6/6/2024	Jefferies Financial Group 2 of 5 stars		Initiated Coverage	Hold	$21.00	+12.30%
5/22/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Hold
5/21/2024	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
4/16/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$25.00 ➝ $29.00	+54.01%
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1/22/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Gupta Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Sector Outperform ➝ Sector Perform
11/29/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underperform
8/10/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$37.00 ➝ $39.00	+66.81%
2/15/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$33.00 ➝ C$35.00
11/2/2022	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$38.00 ➝ C$33.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:27 AM ET.

CAE Forecast - Frequently Asked Questions

What is CAE's forecast for 2024?: According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for CAE is $28.00, with a high forecast of $34.00 and a low forecast of $21.00.
Should I buy or sell CAE stock right now?: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CAE in the last twelve months. There is currently 1 sell rating, 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" CAE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAE, but not buy additional shares or sell existing shares.
Does CAE's stock price have much upside?: According to analysts, CAE's stock has a predicted upside of 45.92% based on their 12-month stock forecasts.
Has CAE been upgraded or downgraded by Wall Street analysts recently?: Over the previous 90 days, CAE's stock had 2 downgrades and 1 upgrade by analysts.
What analysts cover CAE?: CAE has been rated by research analysts at Morgan Stanley, and Royal Bank of Canada in the past 90 days.
Do Wall Street analysts like CAE more than its competitors?: Analysts like CAE less than other "aerospace" companies. The consensus rating for CAE is Hold while the average consensus rating for "aerospace" companies is Moderate Buy. Learn more on how CAE compares to other companies.