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

Key Points

• CAE Inc. has received an average consensus rating of "Moderate Buy" from twelve analysts, with five holding, five buying, and two strongly buying the stock.
• The average twelve-month price target for CAE is C$40.59, with recent upgrades pushing some targets as high as C$50.00.
• Currently, CAE's stock is down 1.0%, trading at C$39.11, amidst a market cap of C$12.50 billion and a price-to-earnings ratio of -37.50.

CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE has earned an average recommendation of "Moderate Buy" from the twelve analysts that are presently covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is C$40.59.

Several analysts have commented on the stock. National Bank Financial upgraded shares of CAE from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 6th. CIBC upgraded shares of CAE from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from C$38.00 to C$44.00 in a report on Friday, June 27th. BMO Capital Markets upped their target price on shares of CAE from C$40.00 to C$50.00 and gave the stock an "outperform" rating in a research note on Monday, July 21st. Morgan Stanley lowered their target price on CAE from C$37.00 to C$36.00 and set an "equal weight" rating for the company in a report on Friday, April 11th. Finally, TD Securities boosted their price target on CAE from C$39.00 to C$40.00 and gave the company a "hold" rating in a report on Thursday, May 22nd.

CAE Stock Down 1.0%

TSE:CAE opened at C$39.11 on Tuesday. CAE has a 1 year low of C$22.28 and a 1 year high of C$41.22. The stock has a 50-day moving average price of C$38.05 and a two-hundred day moving average price of C$35.76. The stock has a market cap of C$12.50 billion, a price-to-earnings ratio of -37.50, a PEG ratio of 1.76 and a beta of 1.91. The company has a current ratio of 0.84, a quick ratio of 0.71 and a debt-to-equity ratio of 74.04.

About CAE

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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