CAE Inc. (TSE:CAE) Receives Average Rating of "Hold" from Brokerages

CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE has received an average recommendation of "Hold" from the twelve analysts that are covering the firm, MarketBeat Ratings reports. Nine analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$37.95.

A number of equities analysts have weighed in on the stock. Royal Bank of Canada decreased their price target on shares of CAE from C$43.00 to C$41.00 and set an "outperform" rating on the stock in a report on Wednesday, April 16th. CIBC boosted their price target on CAE from C$37.00 to C$39.00 in a research report on Tuesday, February 18th. TD Securities raised their price objective on CAE from C$35.00 to C$39.00 and gave the stock a "hold" rating in a report on Tuesday, February 18th. Bank of America upgraded CAE from an "underperform" rating to a "neutral" rating and boosted their target price for the stock from C$25.00 to C$45.00 in a report on Friday, March 7th. Finally, Morgan Stanley decreased their price target on shares of CAE from C$37.00 to C$36.00 and set an "equal weight" rating for the company in a research report on Friday, April 11th.

CAE Trading Up 0.4 %

Shares of TSE:CAE traded up C$0.15 during trading on Friday, reaching C$33.94. The stock had a trading volume of 157,923 shares, compared to its average volume of 695,916. CAE has a fifty-two week low of C$22.28 and a fifty-two week high of C$39.17. The stock has a market cap of C$10.85 billion, a P/E ratio of -32.55, a PEG ratio of 1.76 and a beta of 1.91. The business has a fifty day moving average price of C$33.99 and a 200-day moving average price of C$32.79. The company has a quick ratio of 0.71, a current ratio of 0.84 and a debt-to-equity ratio of 74.04.

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.