CAE Inc. (TSE:CAE) Receives Average Recommendation of "Moderate Buy" from Brokerages

CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE has received a consensus recommendation of "Moderate Buy" from the twelve ratings firms that are presently covering the stock, MarketBeat reports. Seven investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is C$39.23.

Several equities analysts recently weighed in on the stock. Canaccord Genuity Group cut their target price on shares of CAE from C$40.00 to C$38.50 and set a "hold" rating for the company in a research note on Thursday, May 22nd. National Bankshares raised shares of CAE from a "sector perform" rating to an "outperform" rating and boosted their target price for the company from C$40.00 to C$43.00 in a research note on Wednesday, May 7th. Scotiabank upgraded CAE from a "sector perform" rating to an "outperform" rating and upped their target price for the stock from C$40.00 to C$42.00 in a report on Thursday, May 22nd. TD Securities boosted their target price on shares of CAE from C$39.00 to C$40.00 and gave the stock a "hold" rating in a report on Thursday, May 22nd. Finally, BMO Capital Markets raised their price target on CAE from C$39.00 to C$40.00 in a report on Thursday, May 22nd.

CAE Trading Up 1.1%

CAE traded up C$0.41 on Monday, hitting C$36.79. 81,650 shares of the company were exchanged, compared to its average volume of 703,162. The stock has a market capitalization of C$11.76 billion, a PE ratio of -35.28, a price-to-earnings-growth ratio of 1.76 and a beta of 1.91. 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 firm has a fifty day simple moving average of C$34.87 and a two-hundred day simple moving average of C$34.66. CAE has a 12 month low of C$22.28 and a 12 month high of C$39.17.

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.