CAE Inc. (TSE:CAE) Receives Average Recommendation of “Hold” from Analysts

CAE Inc. (TSE:CAE) (NYSE:CAE) has earned an average rating of “Hold” from the ten research firms that are covering the firm, MarketBeat.com reports. Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is C$37.83.

CAE has been the subject of a number of research reports. Royal Bank of Canada upped their target price on shares of CAE from C$34.00 to C$38.00 in a report on Wednesday, January 15th. National Bank Financial cut shares of CAE from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. Desjardins upgraded shares of CAE from a “hold” rating to a “buy” rating and increased their price objective for the company from C$32.00 to C$40.00 in a report on Monday, December 30th. TD Securities boosted their target price on CAE from C$35.00 to C$39.00 and gave the stock a “hold” rating in a report on Tuesday, February 18th. Finally, National Bankshares cut CAE from an “outperform” rating to a “sector perform” rating and increased their price target for the company from C$34.00 to C$38.00 in a report on Thursday, January 30th.

CAE Stock Down 0.1 %

Shares of CAE opened at C$30.01 on Wednesday. The stock has a 50 day moving average price of C$34.74 and a 200 day moving average price of C$31.95. CAE has a one year low of C$22.28 and a one year high of C$39.17. 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 stock has a market capitalization of C$9.60 billion, a price-to-earnings ratio of -28.78, a PEG ratio of 1.76 and a beta of 1.91.

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.