Analysts Set CAE Inc. (TSE:CAE) Target Price at C$41.82

CAE Inc. (TSE:CAE) (NYSE:CAE) has been given an average recommendation of “Moderate Buy” by the twelve analysts that are covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$41.82.

CAE has been the subject of several analyst reports. BMO Capital Markets raised their price target on shares of CAE from C$40.00 to C$50.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. National Bankshares raised their price target on shares of CAE from C$43.00 to C$48.00 and gave the company an “outperform” rating in a research report on Tuesday, August 5th. TD Securities raised shares of CAE from a “hold” rating to a “buy” rating and raised their price target for the company from C$40.00 to C$44.00 in a research report on Thursday, August 14th. Finally, Scotiabank raised their price target on shares of CAE from C$42.00 to C$46.50 and gave the company an “outperform” rating in a research report on Thursday, August 14th.

CAE Price Performance

Shares of CAE opened at C$40.15 on Friday. The company has a market capitalization of C$12.87 billion, a P/E ratio of 30.88, a price-to-earnings-growth ratio of 1.76 and a beta of 1.25. The company has a quick ratio of 0.71, a current ratio of 0.84 and a debt-to-equity ratio of 74.04. The firm has a 50 day moving average of C$38.34 and a 200 day moving average of C$37.31. CAE has a twelve month low of C$24.48 and a twelve month high of C$41.38.

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.