CAE (TSE:CAE - Get Free Report) NYSE: CAE had its target price raised by BMO Capital Markets from C$40.00 to C$50.00 in a research note issued on Monday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. BMO Capital Markets' price objective points to a potential upside of 28.53% from the company's current price.
Other equities research analysts have also issued research reports about the company. National Bank Financial upgraded CAE from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 6th. National Bankshares upgraded shares of CAE from a "sector perform" rating to an "outperform" rating and upped their price target for the company from C$40.00 to C$43.00 in a research note on Wednesday, May 7th. CIBC raised CAE from a "neutral" rating to an "outperform" rating and lifted their price target for the stock from C$38.00 to C$44.00 in a research report on Friday, June 27th. Canaccord Genuity Group lowered their price target on CAE from C$40.00 to C$38.50 and set a "hold" rating for the company in a research report on Thursday, May 22nd. Finally, Cibc World Mkts upgraded shares of CAE from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 27th. Five analysts have rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of C$40.59.
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CAE Stock Down 0.3%
CAE stock traded down C$0.10 during midday trading on Monday, hitting C$38.90. 494,744 shares of the company's stock were exchanged, compared to its average volume of 694,787. The company has a debt-to-equity ratio of 74.04, a quick ratio of 0.71 and a current ratio of 0.84. CAE has a 12 month low of C$22.28 and a 12 month high of C$41.22. The firm has a 50-day moving average of C$37.47 and a two-hundred day moving average of C$35.49. The company has a market cap of C$12.44 billion, a PE ratio of -37.30, a P/E/G ratio of 1.76 and a beta of 1.91.
About CAE
(
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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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