CAE (TSE:CAE) Rating Increased to Strong-Buy at National Bank Financial

National Bank Financial upgraded shares of CAE (TSE:CAE) (NYSE:CAE) from a hold rating to a strong-buy rating in a research report sent to investors on Tuesday morning,Zacks.com reports. National Bank Financial also issued estimates for CAE’s FY2027 earnings at $1.64 EPS.

A number of other equities analysts also recently commented on CAE. Royal Bank of Canada dropped their target price on shares of CAE from C$43.00 to C$41.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 16th. TD Securities increased their price objective on CAE from C$35.00 to C$39.00 and gave the stock a “hold” rating in a research note on Tuesday, February 18th. Bank of America raised CAE from an “underperform” rating to a “neutral” rating and lifted their target price for the company from C$25.00 to C$45.00 in a research report on Friday, March 7th. BMO Capital Markets increased their price target on CAE from C$38.00 to C$39.00 in a research report on Friday, February 14th. Finally, National Bankshares upgraded CAE from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from C$40.00 to C$43.00 in a report on Wednesday. Seven equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, CAE has an average rating of “Moderate Buy” and a consensus target price of C$38.45.

CAE Trading Up 2.0 %

Shares of TSE CAE opened at C$35.70 on Tuesday. The business’s 50 day moving average price is C$33.96 and its 200-day moving average price is C$33.18. CAE has a fifty-two week low of C$22.28 and a fifty-two week 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 company has a market cap of C$11.41 billion, a price-to-earnings ratio of -34.23, a PEG ratio of 1.76 and a beta of 1.91.

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.