CAE Inc. (TSE:CAE) Receives Average Rating of "Moderate Buy" from Analysts

Shares of CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE have earned an average recommendation of "Moderate Buy" from the twelve research firms that are covering the company, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is C$39.68.

CAE has been the subject of several recent research reports. BMO Capital Markets raised their target price on shares of CAE from C$39.00 to C$40.00 in a report on Thursday, May 22nd. Morgan Stanley dropped their target price on shares of CAE from C$37.00 to C$36.00 and set an "equal weight" rating on the stock in a research report on Friday, April 11th. National Bankshares upgraded shares of CAE from a "sector perform" rating to an "outperform" rating and boosted their price target for the stock from C$40.00 to C$43.00 in a research report on Wednesday, May 7th. National Bank Financial upgraded shares of CAE from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 6th. Finally, Canaccord Genuity Group decreased their target price on shares of CAE from C$40.00 to C$38.50 and set a "hold" rating on the stock in a report on Thursday, May 22nd.

CAE Trading Down 1.1%

TSE CAE opened at C$39.99 on Friday. The company has a fifty day simple moving average of C$36.60 and a two-hundred day simple moving average of C$35.21. The stock has a market cap of C$12.79 billion, a P/E ratio of -38.35, a P/E/G ratio of 1.76 and a beta of 1.91. CAE has a 12-month low of C$22.28 and a 12-month high of C$41.22. The company has a current ratio of 0.84, a quick ratio of 0.71 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.

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