CAE Inc. (TSE:CAE) Given Average Recommendation of “Hold” by Analysts

Shares of CAE Inc. (TSE:CAE) (NYSE:CAE) have been given a consensus rating of “Hold” by the ten brokerages that are covering the stock, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is C$37.83.

A number of analysts have weighed in on CAE shares. BMO Capital Markets raised their price objective on shares of CAE from C$38.00 to C$39.00 in a research note on Friday, February 14th. National Bankshares lowered shares of CAE from an “outperform” rating to a “sector perform” rating and boosted their price objective for the stock from C$34.00 to C$38.00 in a report on Thursday, January 30th. Bank of America upgraded CAE from an “underperform” rating to a “neutral” rating and increased their target price for the company from C$25.00 to C$45.00 in a research note on Friday, March 7th. Royal Bank of Canada upped their price target on CAE from C$34.00 to C$38.00 in a report on Wednesday, January 15th. Finally, Desjardins upgraded CAE from a “hold” rating to a “buy” rating and lifted their price objective for the stock from C$32.00 to C$40.00 in a report on Monday, December 30th.

CAE Price Performance

CAE stock opened at C$35.19 on Wednesday. The company has a debt-to-equity ratio of 74.04, a quick ratio of 0.71 and a current ratio of 0.84. The firm has a market capitalization of C$11.25 billion, a price-to-earnings ratio of -33.75, a PEG ratio of 1.76 and a beta of 1.91. The firm has a 50 day moving average price of C$35.15 and a 200-day moving average price of C$31.64. CAE has a 52-week low of C$22.28 and a 52-week high of C$39.17.

CAE Company Profile

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.