Brokerages Set CAE Inc. (NYSE:CAE) PT at $25.00

Shares of CAE Inc. (NYSE:CAE) (TSE:CAE) have received a consensus rating of “Hold” from the nine research firms that are currently covering the company, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $25.00.

A number of equities research analysts have commented on the stock. Cibc World Mkts downgraded shares of CAE from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. TD Securities cut shares of CAE from a “buy” rating to a “hold” rating in a research report on Monday, January 6th. StockNews.com upgraded shares of CAE from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th. National Bank Financial cut CAE from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 22nd. Finally, Desjardins raised CAE from a “hold” rating to a “buy” rating in a research report on Monday, December 23rd.

CAE Price Performance

CAE stock opened at $23.77 on Friday. The business’s fifty day moving average price is $23.96 and its 200 day moving average price is $20.48. CAE has a 12-month low of $15.95 and a 12-month high of $25.53. The company has a current ratio of 0.84, a quick ratio of 0.59 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $7.60 billion, a PE ratio of -30.86, a P/E/G ratio of 1.77 and a beta of 1.72.

Institutional Trading of CAE

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Asset Planning Inc acquired a new position in shares of CAE in the fourth quarter valued at approximately $30,000. Cromwell Holdings LLC grew its position in CAE by 103.4% in the 3rd quarter. Cromwell Holdings LLC now owns 1,800 shares of the aerospace company’s stock valued at $34,000 after buying an additional 915 shares during the last quarter. Venturi Wealth Management LLC acquired a new position in CAE in the 3rd quarter valued at $74,000. Allworth Financial LP raised its position in CAE by 26.1% during the 3rd quarter. Allworth Financial LP now owns 6,408 shares of the aerospace company’s stock worth $120,000 after buying an additional 1,327 shares during the last quarter. Finally, US Bancorp DE lifted its stake in shares of CAE by 28.9% in the 3rd quarter. US Bancorp DE now owns 8,052 shares of the aerospace company’s stock worth $151,000 after acquiring an additional 1,803 shares during the period. 67.36% of the stock is owned by hedge funds and other institutional investors.

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, the Oceania, Africa, and Rest of the Americas. It operates through two segments, Civil Aviation; and Defense and Security. The Civil Aviation segment offers training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; a range of flight simulation training devices; and ab initio pilot training and crew sourcing services, as well as aircraft flight operations solutions.