Shares of CAE Inc. (TSE:CAE – Get Free Report) (NYSE:CAE) have earned an average rating of “Hold” from the eight analysts that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$30.60.
A number of research analysts have issued reports on CAE shares. BMO Capital Markets reduced their price target on CAE from C$34.00 to C$33.00 in a research report on Thursday, July 18th. CIBC upped their price objective on CAE from C$29.00 to C$30.00 and gave the company an “outperform” rating in a report on Wednesday, May 29th. National Bankshares cut their price objective on CAE from C$31.00 to C$29.00 and set an “outperform” rating for the company in a research report on Tuesday, July 30th. Canaccord Genuity Group cut their target price on CAE from C$28.50 to C$27.00 in a report on Thursday, August 15th. Finally, Royal Bank of Canada raised CAE from a “hold” rating to a “moderate buy” rating in a research report on Thursday, August 15th.
Check Out Our Latest Report on CAE
CAE Trading Down 0.9 %
CAE (TSE:CAE – Get Free Report) (NYSE:CAE) last announced its quarterly earnings results on Tuesday, August 13th. The company reported C$0.21 EPS for the quarter, beating the consensus estimate of C$0.20 by C$0.01. CAE had a negative net margin of 7.39% and a negative return on equity of 7.43%. The company had revenue of C$1.07 billion for the quarter, compared to analyst estimates of C$1.05 billion. On average, research analysts anticipate that CAE will post 1.1795998 EPS for the current year.
About CAE
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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