CAE (TSE:CAE) Price Target Raised to C$57.00

CAE (TSE:CAE) (NYSE:CAE) had its price target lifted by Scotiabank from C$49.00 to C$57.00 in a report released on Wednesday,BayStreet.CA reports. Scotiabank currently has an outperform rating on the stock. Scotiabank also issued estimates for CAE’s Q1 2028 earnings at $0.33 EPS, Q2 2028 earnings at $0.38 EPS, Q3 2028 earnings at $0.49 EPS, FY2028 earnings at $1.81 EPS and FY2029 earnings at $2.24 EPS.

A number of other equities analysts also recently weighed in on the stock. Royal Bank Of Canada lifted their target price on shares of CAE from C$40.00 to C$46.00 and gave the stock a “sector perform” rating in a research note on Monday, January 12th. CIBC increased their price target on CAE from C$47.00 to C$56.00 in a report on Wednesday. Desjardins boosted their price objective on CAE from C$46.00 to C$51.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Finally, TD Securities upped their target price on CAE from C$46.00 to C$53.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, CAE has an average rating of “Moderate Buy” and an average price target of C$48.05.

CAE Stock Performance

Shares of CAE stock opened at C$45.47 on Wednesday. The business’s 50 day simple moving average is C$41.28 and its 200 day simple moving average is C$39.64. CAE has a one year low of C$28.98 and a one year high of C$47.65. The stock has a market capitalization of C$14.62 billion, a PE ratio of 33.43, a PEG ratio of 1.76 and a beta of 0.93. The company has a debt-to-equity ratio of 74.04, a current ratio of 0.84 and a quick ratio of 0.71.

CAE (TSE:CAE) (NYSE:CAE) last released its quarterly earnings results on Tuesday, November 11th. The company reported C$0.23 earnings per share (EPS) for the quarter. The firm had revenue of C$1.24 billion during the quarter. CAE had a negative net margin of 7.75% and a negative return on equity of 7.81%.

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. CAE has many different training locations where clients can be trained and educated through a series of programs. Additionally, part of the revenues come from supplying aviation personnel on a lease, along with providing aviation support organizations.