CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$34.05 and traded as high as C$36.62. CAE shares last traded at C$36.47, with a volume of 385,921 shares changing hands.
Wall Street Analyst Weigh In
CAE has been the topic of a number of analyst reports. Bank of America raised CAE from an "underperform" rating to a "neutral" rating and increased their price target for the company from C$25.00 to C$45.00 in a research report on Friday, March 7th. TD Securities boosted their target price on shares of CAE from C$39.00 to C$40.00 and gave the stock a "hold" rating in a research note on Thursday, May 22nd. BMO Capital Markets lifted their price target on CAE from C$39.00 to C$40.00 in a report on Thursday, May 22nd. Canaccord Genuity Group decreased their target price on CAE from C$40.00 to C$38.50 and set a "hold" rating for the company in a research note on Thursday, May 22nd. Finally, Royal Bank of Canada lowered CAE from an "outperform" rating to a "sector perform" rating and dropped their target price for the company from C$41.00 to C$38.00 in a report on Wednesday, May 21st. Seven analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of C$39.23.
Read Our Latest Analysis on CAE
CAE Trading Up 1.9%
The firm has a market cap of C$11.66 billion, a price-to-earnings ratio of -34.97, a price-to-earnings-growth ratio of 1.76 and a beta of 1.91. The company has a quick ratio of 0.71, a current ratio of 0.84 and a debt-to-equity ratio of 74.04. The business has a 50 day moving average of C$34.05 and a 200 day moving average of C$34.36.
CAE Company Profile
(
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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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