CAE (TSE:CAE) Price Target Raised to C$39.00

CAE (TSE:CAE) (NYSE:CAE) had its target price raised by CIBC from C$37.00 to C$39.00 in a report published on Tuesday morning,BayStreet.CA reports.

Other equities research analysts also recently issued reports about the stock. Royal Bank of Canada lifted their price target on shares of CAE from C$34.00 to C$38.00 in a research report on Wednesday, January 15th. Scotiabank upped their target price on CAE from C$30.00 to C$32.50 in a report on Thursday, November 14th. BMO Capital Markets boosted their price objective on shares of CAE from C$38.00 to C$39.00 in a research report on Friday, February 14th. Desjardins upgraded shares of CAE from a “hold” rating to a “buy” rating and lifted their target price for the stock from C$32.00 to C$40.00 in a research report on Monday, December 30th. Finally, National Bankshares lowered CAE from an “outperform” rating to a “sector perform” rating and upped their target price for the company from C$34.00 to C$38.00 in a research note on Thursday, January 30th. Seven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of C$36.94.

CAE Price Performance

Shares of TSE CAE opened at C$36.12 on Tuesday. The company’s fifty day moving average is C$34.83 and its two-hundred day moving average is C$29.38. 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$11.55 billion, a P/E ratio of -34.64, a PEG ratio of 1.76 and a beta of 1.91. CAE has a one year low of C$22.28 and a one year high of C$39.17.

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.