CAE (TSE:CAE) Stock Price Expected to Rise, TD Securities Analyst Says

CAE (TSE:CAE) (NYSE:CAE) had its target price upped by TD Securities from C$35.00 to C$39.00 in a research note published on Tuesday,BayStreet.CA reports. They currently have a hold rating on the stock.

Other research analysts have also issued research reports about the stock. Cibc World Mkts lowered shares of CAE from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Royal Bank of Canada boosted their price objective on shares of CAE from C$34.00 to C$38.00 in a research note on Wednesday, January 15th. Desjardins raised shares of CAE from a “hold” rating to a “buy” rating and boosted their target price for the stock from C$32.00 to C$40.00 in a research report on Monday, December 30th. National Bankshares downgraded shares of CAE from an “outperform” rating to a “sector perform” rating and boosted their target price for the stock from C$34.00 to C$38.00 in a research report on Thursday, January 30th. Finally, CIBC boosted their target price on shares of CAE from C$37.00 to C$39.00 in a research report on Tuesday. Seven research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, CAE currently has an average rating of “Hold” and a consensus price target of C$36.94.

CAE Trading Down 0.2 %

TSE CAE opened at C$37.93 on Tuesday. 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 firm has a market cap of C$12.13 billion, a PE ratio of -36.37, a price-to-earnings-growth ratio of 1.76 and a beta of 1.91. The company has a 50 day moving average price of C$34.61 and a 200 day moving average price of C$29.16. CAE has a 52 week low of C$22.28 and a 52 week high of C$39.17.

About CAE

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.