CAE Inc. (TSE:CAE) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts give CAE an average rating of "Moderate Buy" (8 buys, 1 hold) with an average 12-month target of C$51.11, versus the recent share price around C$38.00, implying notable upside.
• Broker moves are mixed but mostly positive: TD trimmed its target to C$53, while CIBC raised to C$56 and Scotiabank to C$57 (outperform), with RBC and Stifel at C$46 (sector perform) and C$50 (buy) respectively.
• Key fundamentals: market cap ~C$12.23B, P/E 32.2, PEG 1.76, 52-week range C$30.71–C$47.65, and last-quarter EPS of C$0.34 (ROE 7.5%, net margin 7.73%).

Shares of CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE have been given an average rating of "Moderate Buy" by the nine ratings firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month target price among analysts that have covered the stock in the last year is C$51.11.

Several brokerages have issued reports on CAE. TD Securities dropped their target price on CAE from C$54.00 to C$53.00 and set a "buy" rating on the stock in a research report on Tuesday, March 24th. Canadian Imperial Bank of Commerce lifted their price objective on CAE from C$47.00 to C$56.00 in a research report on Wednesday, January 21st. Scotiabank lifted their price objective on CAE from C$49.00 to C$57.00 and gave the company an "outperform" rating in a research report on Wednesday, January 21st. Stifel Nicolaus set a C$50.00 price objective on CAE and gave the company a "buy" rating in a research report on Wednesday, March 4th. Finally, Royal Bank Of Canada lifted their price objective on CAE from C$40.00 to C$46.00 and gave the company a "sector perform" rating in a research report on Monday, January 12th.

CAE Trading Down 0.1%

Shares of TSE:CAE opened at C$38.00 on Friday. The stock has a market capitalization of C$12.23 billion, a price-to-earnings ratio of 32.20, a PEG ratio of 1.76 and a beta of 0.71. The company has a debt-to-equity ratio of 62.81, a quick ratio of 0.71 and a current ratio of 0.91. The stock's 50-day simple moving average is C$39.36 and its two-hundred day simple moving average is C$40.17. CAE has a 52-week low of C$30.71 and a 52-week high of C$47.65.

CAE (TSE:CAE - Get Free Report) NYSE: CAE last announced its earnings results on Thursday, February 12th. The company reported C$0.34 earnings per share (EPS) for the quarter. CAE had a return on equity of 7.50% and a net margin of 7.73%.

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.

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