CAE (TSE:CAE – Get Free Report) (NYSE:CAE) had its target price decreased by National Bankshares from C$34.00 to C$32.00 in a report released on Tuesday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price target points to a potential upside of 22.89% from the company’s current price.
Other equities analysts have also issued reports about the company. Scotiabank lowered their target price on CAE from C$31.00 to C$30.00 and set a “sector perform” rating for the company in a report on Thursday, February 15th. Desjardins reduced their price objective on CAE from C$35.00 to C$30.00 and set a “buy” rating for the company in a research report on Thursday, February 15th. Canaccord Genuity Group reduced their price objective on CAE from C$36.00 to C$34.00 and set a “buy” rating for the company in a research report on Thursday, February 15th. Morgan Stanley boosted their price objective on CAE from C$35.00 to C$39.00 in a research report on Wednesday, December 20th. Finally, CIBC reduced their price objective on CAE from C$37.00 to C$32.00 and set an “outperform” rating for the company in a research report on Thursday, February 15th. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$32.80.
View Our Latest Stock Report on CAE
CAE Stock Down 0.3 %
CAE (TSE:CAE – Get Free Report) (NYSE:CAE) last posted its earnings results on Wednesday, February 14th. The company reported C$0.24 EPS for the quarter, meeting the consensus estimate of C$0.24. The company had revenue of C$1.09 billion during the quarter, compared to analyst estimates of C$1.09 billion. CAE had a return on equity of 6.24% and a net margin of 6.13%. Analysts predict that CAE will post 1.2964371 EPS for the current year.
CAE Company Profile
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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