CAE (TSE:CAE – Free Report) (NYSE:CAE) had its target price boosted by Scotia from C$48.00 to C$49.00 in a research note published on Tuesday morning,BayStreet reports. They currently have a sector outperform rating on the stock.
Several other research firms also recently commented on CAE. Barclays set a C$54.00 target price on shares of CAE and gave the stock an “overweight” rating in a research report on Friday, October 9th. Morgan Stanley downgraded CAE from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from C$43.00 to C$37.00 in a research report on Wednesday, July 15th. TD boosted their target price on shares of CAE from C$43.00 to C$45.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Scotiabank cut their price target on CAE from C$50.00 to C$48.00 and set a “sector outperform” rating for the company in a report on Thursday, October 15th. Finally, Bank of America decreased their target price on shares of CAE from C$45.00 to C$38.00 in a research report on Thursday, August 27th. Twelve research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of C$46.93.
Check Out Our Latest Stock Report on CAE
CAE Price Performance
Shares of TSE:CAE opened at C$36.75 on Tuesday. The company’s fifty day moving average is C$34.13 and its two-hundred day moving average is C$36.96. The company has a market cap of C$11.83 billion, a P/E ratio of 41.29, a price-to-earnings-growth ratio of 1.76 and a beta of 0.57. CAE has a 12-month low of C$31.42 and a 12-month high of C$47.65. The company has a quick ratio of 0.71, a current ratio of 0.83 and a debt-to-equity ratio of 59.43.
CAE (TSE:CAE – Get Free Report) (NYSE:CAE) last issued its earnings results on Wednesday, August 12th. The company reported C$0.26 EPS for the quarter. The business had revenue of C$1.17 billion during the quarter. CAE had a return on equity of 5.47% and a net margin of 5.75%.
About CAE
At CAE, we exist to make the world safer. We deliver cutting-edge training, simulation, and critical operations solutions to prepare aviation professionals and defense forces for the moments that matter. Every day, we empower pilots, cabin crew, maintenance technicians, airlines, business aviation operators, and defense and security personnel to perform at their best and when the stakes are the highest. Around the globe, we’re everywhere customers need us to be with sites and training locations in over 40 countries.
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