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

Key Points

• CAE Inc. has received a consensus recommendation of "Moderate Buy" from twelve ratings firms, with the average one-year target price at C$41.82.
• Notable upgrades include BMO Capital Markets raising their target price to C$50.00 and National Bankshares to C$48.00, both maintaining an "outperform" rating.
• As of the latest data, CAE's stock is trading at C$39.60, with a 52-week price range between C$24.05 and C$41.22.

Shares of CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE have been given a consensus recommendation of "Moderate Buy" by the twelve ratings firms that are covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$41.82.

Several analysts have recently weighed in on the stock. BMO Capital Markets lifted 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. National Bankshares lifted 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. CIBC upgraded shares of CAE from a "neutral" rating to an "outperform" rating and lifted their target price for the company from C$38.00 to C$44.00 in a research report on Friday, June 27th. TD Securities upgraded shares of CAE from a "hold" rating to a "buy" rating and lifted their target price for the company from C$40.00 to C$44.00 in a research report on Thursday, August 14th. Finally, Cibc World Mkts upgraded shares of CAE from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 27th.

CAE Stock Performance

TSE:CAE opened at C$39.60 on Wednesday. The firm's 50-day moving average is C$38.28 and its 200-day moving average is C$36.46. CAE has a 52-week low of C$24.05 and a 52-week high of C$41.22. The company has a debt-to-equity ratio of 74.04, a quick ratio of 0.71 and a current ratio of 0.84. The company has a market cap of C$12.70 billion, a price-to-earnings ratio of 30.46, a PEG ratio of 1.76 and a beta of 1.31.

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.

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