CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$40.64 and last traded at C$40.53, with a volume of 58801 shares traded. The stock had previously closed at C$40.23.
Analyst Ratings Changes
Several equities research analysts have weighed in on the company. Morgan Stanley dropped their target price on 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 Bank Financial raised CAE from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 6th. TD Securities raised 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. Cibc World Mkts upgraded CAE from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 27th. Finally, Royal Bank Of Canada lowered CAE from an "outperform" rating to a "sector perform" rating and decreased their price target for the company from C$41.00 to C$38.00 in a research report on Wednesday, May 21st. Five equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of C$39.68.
View Our Latest Research Report on CAE
CAE Stock Performance
The business has a 50 day moving average price of C$36.60 and a two-hundred day moving average price of C$35.21. The company has a market cap of C$12.79 billion, a P/E ratio of -38.35, 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.
About CAE
(
Get Free Report)
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.
See Also
Before you consider CAE, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CAE wasn't on the list.
While CAE currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
