CAE Inc. (TSE:CAE) Receives C$41.82 Consensus Price Target from Analysts

Key Points

• CAE Inc. has received a consensus rating of "Moderate Buy" from analysts, with four hold recommendations, six buy recommendations, and two strong buy recommendations.
• Analysts have varying target prices for CAE's stock, with a recent high of C$50.00 and the average target price set at C$41.82.
• The company's stock has a market capitalization of C$11.87 billion and has shown a range of performance with a one-year low of C$23.50 and a high of C$41.22.

CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE has received an average rating of "Moderate Buy" from the twelve research firms that are presently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is C$41.82.

Several equities analysts have recently commented on the stock. CIBC upgraded shares of CAE from a "neutral" rating to an "outperform" rating and upped their price target for the stock from C$38.00 to C$44.00 in a research report on Friday, June 27th. Canaccord Genuity Group lowered their price target on shares of CAE from C$40.00 to C$38.50 and set a "hold" rating for the company in a research report on Thursday, May 22nd. TD Securities upgraded shares of CAE from a "hold" rating to a "buy" rating and increased their target price for the company from C$40.00 to C$44.00 in a research report on Thursday, August 14th. National Bankshares increased their target price 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. Finally, BMO Capital Markets increased their target price 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.

CAE Stock Performance

Shares of CAE stock traded down C$0.15 during trading on Friday, hitting C$36.69. 191,715 shares of the stock were exchanged, compared to its average volume of 677,481. The stock's fifty day moving average is C$38.98 and its 200 day moving average is C$36.31. The stock has a market cap of C$11.76 billion, a PE ratio of 28.22, a P/E/G ratio of 1.76 and a beta of 1.57. The company has a debt-to-equity ratio of 74.04, a quick ratio of 0.71 and a current ratio of 0.84. CAE has a 12 month low of C$23.50 and a 12 month high of C$41.22.

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.